<SEC-DOCUMENT>0001193125-17-316162.txt : 20171023
<SEC-HEADER>0001193125-17-316162.hdr.sgml : 20171023
<ACCEPTANCE-DATETIME>20171023102356
ACCESSION NUMBER:		0001193125-17-316162
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20171023
DATE AS OF CHANGE:		20171023

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LINDE PLC
		CENTRAL INDEX KEY:			0001707925
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL INORGANIC CHEMICALS [2810]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L2
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-218485
		FILM NUMBER:		171148429

	BUSINESS ADDRESS:	
		STREET 1:		THE PRIESTLEY CENTRE, 10 PRIESTLEY RD
		CITY:			GUILDFORD
		STATE:			X0
		ZIP:			GU27XY
		BUSINESS PHONE:		00441483242200

	MAIL ADDRESS:	
		STREET 1:		THE PRIESTLEY CENTRE, 10 PRIESTLEY RD
		CITY:			GUILDFORD
		STATE:			X0
		ZIP:			GU27XY

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZAMALIGHT PLC
		DATE OF NAME CHANGE:	20170622

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRAXAIR
		DATE OF NAME CHANGE:	20170614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZAMALIGHT PLC
		DATE OF NAME CHANGE:	20170530
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>d473414d424b3.htm
<DESCRIPTION>424B3
<TEXT>
<HTML><HEAD>
<TITLE>424B3</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed Pursuant to Rule 424(b)(3)<BR>Registration Statement No. 333-218485 </B></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Prospectus Supplement No.&nbsp;2 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(To U.S. Exchange Offer
Prospectus filed with the U.S. Securities and Exchange Commission on August&nbsp;15, 2017) </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>This prospectus supplement no. 2 (this
&#147;Supplement&#148;) is supplemental to, forms part of and must be read in conjunction with the U.S. Exchange Offer Prospectus, filed with the U.S. Securities and Exchange Commission on August&nbsp;15, 2017, as supplemented by prospectus
supplement dated August&nbsp;21, 2017 (the &#147;Prospectus&#148;), relating to the voluntary public takeover offer (the &#147;exchange offer&#148;) of Linde Public Limited Company (the &#147;Bidder&#148;) to the shareholders of Linde
Aktiengesellschaft (&#147;Linde AG&#148;) to acquire all ordinary bearer shares of Linde AG without par value. This Supplement has neither been reviewed nor approved by the German Financial Supervisory Authority (</B><B><I>Bundesanstalt f&uuml;r
Finanzdienstleistungsaufsicht</I></B><B>)(&#147;BaFin&#148;). In connection with the exchange offer, the Bidder published a German language amendment to the exchange offer document (the &#147;Amendment of the Exchange Offer&#148;) and an English
translation thereof on the internet at http://www.lindepraxairmerger.com on October&nbsp;23, 2017. This Supplement and the English translation of the Amendment of the Exchange Offer are identical in all substantive respects. To the extent that there
is any inconsistency between any information in this Supplement and any other information in, or incorporated by reference into, the Prospectus, in each case as of the date of this Supplement, the information in this Supplement will prevail.
</B></P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Mandatory publication
</B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>in accordance with Sections&nbsp;34, 21 para.&nbsp;1 sent.&nbsp;1 no.&nbsp;3, para.&nbsp;2 sent.&nbsp;1 in conjunction with
Section&nbsp;14 para.&nbsp;3 sent.&nbsp;1 </B></P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>German Securities Acquisition and Takeover Act (</B><B><I>Wertpapiererwerbs- und
&Uuml;bernahmegesetz</I></B><B>) </B></P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Shareholders of Linde Aktiengesellschaft, particularly shareholders with a place of residence, registered office or
habitual abode outside of Germany, should pay particular attention to the information in Section&nbsp;1, Section&nbsp;5.5, Section&nbsp;13.3(13) and Section&nbsp;13.9 of the offer document published on August&nbsp;15, 2017 as well as in
Section&nbsp;1 of this offer amendment. </P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMENDMENT </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>OF THE
</B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>VOLUNTARY PUBLIC TAKEOVER OFFER </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(EXCHANGE OFFER) </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">by </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Linde Public Limited Company </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">The Priestley Centre, 10&nbsp;Priestley Road, Surrey Research Park, Guildford, Surrey GU2&nbsp;7XY </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">United Kingdom to the shareholders of </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Linde Aktiengesellschaft </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Klosterhofstra&szlig;e&nbsp;1, 80331 Munich </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Germany to acquire all ordinary bearer shares of Linde Aktiengesellschaft </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">without par value for </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1.540
ordinary shares of Linde Public Limited Company </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>for </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>each tendered share of Linde Aktiengesellschaft </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Extended Acceptance Period: </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>August&nbsp;15, 2017 to November&nbsp;7, 2017 at 24:00&nbsp;hours (Central European Time) </B></P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="right">Linde Aktiengesellschaft Shares:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">ISIN&nbsp;DE0006483001</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="right">Tendered Linde Aktiengesellschaft Shares:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">ISIN&nbsp;DE000A2E4L75</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="right">Linde PLC Shares:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">ISIN&nbsp;IE00BZ12WP82</TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Neither the U.S. Securities and Exchange Commission nor any U.S. state securities commission or regulatory authority has
approved or disapproved of the securities to be issued in connection with the business combination or passed upon the adequacy or accuracy of this document. Any representation to the contrary is a criminal offense under U.S. law. Information about
the exchange offer is contained in this document and in the offer document published on August&nbsp;15, 2017, which we urge you to read. In particular, see Section &#147;</B><B><I>1.</I></B><B></B><B><I></I></B><B></B><B><I>&nbsp;Risk
Factors</I></B><B>&#148; beginning on page&nbsp;1 in Annex&nbsp;3 of the offer document published on August&nbsp;15, 2017. </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>The date
of this Supplement is October 23, 2017. </B></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="toc"></A>TABLE OF CONTENTS </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="95%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_1">General Information</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_2">Lowering of the Minimum Acceptance Ratio</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_3">Determination regarding the Offer Consideration, in particular its adequacy
</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_4">Extension of the Acceptance Period</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_5">Additional Acceptance Period</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_6">Rights of withdrawal</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_7">Notice in case of the occurrence of an adverse tax event</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_8">Declaration of acceptance of responsibility for the contents of this Amendment
 of the Exchange Offer</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#toc473414_9">Signatures</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-i- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_1"></A>1.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>General Information </B></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>1.1</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Implementation of the Exchange Offer according to the provisions of the German Securities Acquisition and Takeover Act </B></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">On August&nbsp;15, 2017, Linde PLC, registered under the laws of Ireland and with its registered office at Ten Earlsfort Terrace,
Dublin&nbsp;2, D02&nbsp;T380, Ireland and principal executive offices at The Priestley Centre, 10&nbsp;Priestley Road, Surrey Research Park, Guildford, Surrey GU2&nbsp;7XY, United Kingdom, published the Offer Document in accordance with the Takeover
Act to all Linde Shareholders regarding its voluntary public takeover offer in the form of an exchange offer to acquire all Linde Shares. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">This document amends and supplements the Offer Document. The Offer Document must be read and interpreted together with this amendment of the
offer (the &#147;<B>Amendment of the Exchange Offer</B>&#148;). Unless otherwise provided for in this Amendment of the Exchange Offer, the provisions contained in the Offer Document continue to apply unchanged. Terms defined in the Offer Document
have the same meaning as in the Offer Document when used in this Amendment of the Exchange Offer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">This Amendment of the Exchange Offer is
exclusively carried out in accordance with German law, in particular in accordance with Section&nbsp;21 Takeover Act, and applicable provisions of the securities laws of the United States, including the Exchange Act and Securities Act. With the
Amendment of the Exchange Offer, the Bidder is not making any public offer pursuant to any laws other than the laws of Germany and the laws of the United States. Consequently, no other announcements have been made in respect of the Amendment of the
Exchange Offer and/or the Exchange Offer outside of Germany or the United States, unless required by mandatory law, and no other registrations, permissions or approvals have been applied for or granted in respect of the Amendment of the Exchange
Offer and/or the Exchange Offer. As a result, Linde Shareholders cannot rely upon the application of foreign laws for investor protection. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>1.2</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Publication and dissemination of the Amendment of the Exchange Offer </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Offer
Document was published in German to all Linde Shareholders by (i)&nbsp;making an announcement on the internet at http://www.lindepraxairmerger.com, and (ii)&nbsp;keeping copies available for distribution free of charge for all Linde Shareholders
through the Settlement Agent (Deutsche Bank Aktiengesellschaft (inquiries regarding the Offer Document should be directed by mail to Taunusanlage&nbsp;12, 60325&nbsp;Frankfurt am Main, by facsimile at +49 69 91038794 or by email at
dct.tender-offers@db.com)). The Bidder has provided a <FONT STYLE="white-space:nowrap">non-binding</FONT> English translation of the Offer Document to the Linde Shareholders in the same way. Pursuant to Sections&nbsp;24, 21 para.&nbsp;2
sentence&nbsp;1 in conjunction with Section&nbsp;14, para.&nbsp;3 sentence&nbsp;1 Takeover Act, this Amendment of the Exchange Offer will be published in German to all Linde Shareholders by (i)&nbsp;making an announcement on the internet at
http://www.lindepraxairmerger.com, and (ii)&nbsp;keeping copies available for distribution free of charge for all Linde Shareholders through the Settlement Agent (Deutsche Bank </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-1- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">
Aktiengesellschaft (inquiries regarding the Amendment of the Exchange Offer should be directed by mail to Taunusanlage&nbsp;12, 60325&nbsp;Frankfurt am Main, by facsimile at +49 69 91038794 or by
email at dct.tender-offers@db.com)). The Bidder will provide a <FONT STYLE="white-space:nowrap">non-binding</FONT> English translation of the Amendment of the Exchange Offer to the Linde Shareholders in the same way. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The announcement pursuant to Sections&nbsp;34, 21 para.&nbsp;2 sentence&nbsp;1 in conjunction with Section&nbsp;14 para.&nbsp;3
sentence&nbsp;1 no.&nbsp;2 Takeover Act regarding the (i)&nbsp;availability of the Amendment of the Exchange Offer through the Settlement Agent for distribution free of charge and (ii)&nbsp;the internet address under which this Amendment of the
Exchange Offer is published, was published by the Bidder in the German Federal Gazette (<I>Bundesanzeiger</I>) on October&nbsp;23, 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">As soon as practicable after the publication of the Amendment of the Exchange Offer, a <FONT STYLE="white-space:nowrap">non-binding</FONT>
English translation of the Amendment of the Exchange Offer will be filed with the SEC as a prospectus supplement pursuant to Rule&nbsp;424(b)(3) of the Securities Act. This prospectus supplement is supplemental to, and part of and must be read in
conjunction with, the U.S. Exchange Offer Prospectus, which was filed with the SEC on August&nbsp;15, 2017, relating to the Exchange Offer. It can be located on the SEC&#146;s EDGAR system at http://www.sec.gov/edgar/searchedgar/companysearch.html.
On this website, search for &#147;Linde PLC&#148; under &#147;company name&#148;. The <FONT STYLE="white-space:nowrap">non-binding</FONT> English translation of the Amendment of the Exchange Offer will also be available for free on the internet at
http://www.lindepraxairmerger.com and can be obtained from the Settlement Agent for distribution free of charge upon request. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Bidder
has also announced by way of an English language press release in the United States where copies of the <FONT STYLE="white-space:nowrap">non-binding</FONT> English translation of the Amendment of the Exchange Offer will be available free of charge.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The aforementioned publications serve the purpose of complying with the mandatory provisions of the Takeover Act as well as the
Securities Act and the Exchange Act. Except as set forth above, no publications of the Amendment of the Exchange Offer are intended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">This
Amendment of the Exchange Offer shall not constitute the publication of an offer or an advertisement of an offer pursuant to laws and regulations of jurisdictions other than those of Germany and the United States. In particular, this Amendment of
the Exchange Offer, or any summary or excerpt thereof, shall not be directly or indirectly distributed, disseminated or circulated outside of Germany or the United States or, without requiring a prospectus within the meaning of the EU Prospectus
Regulation due to a public offer in other member states of the European Union or the European Economic Area, the European Union or the European Economic Area, if and to the extent such distribution, dissemination or circulation is not in compliance
with applicable foreign regulations, or depends on the issuance of authorizations, compliance with official procedures or any other legal requirements, and such requirements are not satisfied. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-2- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Bidder has not approved the publication, sending, distribution or dissemination of this
Amendment of the Exchange Offer or other documents associated with the Exchange Offer by third parties outside of Germany or the United States. The Bidder is not responsible for ensuring that the publication, distribution, dissemination or
circulation of this Amendment of the Exchange Offer outside of Germany and the United States is consistent with the provisions of legal systems other than those of Germany and the United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Bidder makes this Amendment of the Exchange Offer available, upon request, to the Custodian Banks exclusively for distribution to the
Linde Shareholders with domicile, registered office or habitual abode in Germany or the United States or, without requiring any public offer related prospectus within the meaning of the EU Prospectus Regulation in other member states of the European
Union or the European Economic Area, the European Union or the European Economic Area. The Custodian Banks may not otherwise publish, send, distribute or disseminate this Amendment of the Exchange Offer, unless this takes place in accordance with
applicable domestic and foreign legal provisions. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_2"></A>2.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Lowering of the Minimum Acceptance Ratio </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Exchange Offer and the agreements which
come into existence as a result of accepting the Exchange Offer are subject to certain conditions subsequent (<I>aufl&ouml;sende Bedingungen</I>), including reaching the Minimum Acceptance Ratio of 139,228,554 Linde Shares, as described in more
detail in Section&nbsp;12.1.1 of the Offer Document (<I>Minimum Tender Condition</I>). As at the time of the publication of the Offer Document, this number of Linde Shares corresponded to 75% of all Linde Shares, excluding 95,109&nbsp;Linde Treasury
Shares held directly by Linde AG. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Bidder has decided to lower the Minimum Acceptance Ratio to 111,382,843 Linde Shares and to amend
the Exchange Offer accordingly. As at the time of the publication of this Amendment of the Exchange Offer this number of Linde Shares corresponds to 60% of all Linde Shares, excluding 95,109&nbsp;Linde Treasury Shares held directly by Linde AG. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The Closing Condition under Section&nbsp;12.1.1 of the Offer Document therefore now reads as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="top" ALIGN="left"><B><I>&#147;12.1.1</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>Minimum Tender Condition </I></B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman"><I>At the time of the expiration of the Acceptance
Period, the sum of the number of </I></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><I>(1)</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Tendered Linde Shares (including those Linde Shares for which the acceptance of the Exchange Offer has been declared during the Acceptance Period but only becomes effective after the expiration of the Acceptance
Period by transferring the Linde Shares to ISIN DE000A2E4L75 (WKN&nbsp;A2E&nbsp;4L7)) for which the right to withdrawal has not been validly exercised in accordance with this Offer Document; </I></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-3- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><I>(2)</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Linde Shares held directly by the Bidder, any member of Linde PLC Group or any other person acting jointly with the Bidder within the meaning of Section&nbsp;2 para.&nbsp;5 Takeover Act (excluding, for the avoidance
of doubt, any Linde Treasury Shares); </I></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><I>(3)</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Linde Shares that must be attributed to the Bidder or any member of Linde PLC Group in accordance with Section&nbsp;30 Takeover Act; </I></TD></TR></TABLE>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><I>(4)</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Linde Shares for which the Bidder, any member of Linde PLC Group or any other person acting jointly with the Bidder within the meaning of Section&nbsp;2 para.&nbsp;5 Takeover Act has entered into an agreement outside
of the Exchange Offer, giving them the right to demand the transfer of title of such Linde Shares; and </I></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><I>(5)</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Linde Shares for which Irrevocable Undertakings have been executed and delivered to Linde PLC, </I></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman"><I>(Linde Shares that fall within the scope of several of the Sections&nbsp;12.1.1(1) through 12.1.1(5) are counted only once) equals or is
greater than 111,382,843&nbsp;Linde Shares (60% of all Linde Shares entitled to voting rights existing at the time of the publication of the Amendment of the Exchange Offer, excluding, for the avoidance of doubt, any Linde Treasury Shares) (the
&#147;</I><B><I>Minimum Acceptance Ratio</I></B><I>&#148;).&#148; </I></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_3"></A>3.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Determination regarding the Offer Consideration, in particular its adequacy </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Due to the
<FONT STYLE="white-space:nowrap">non-existence</FONT> of a reference stock exchange price of Linde PLC, as described in Sections&nbsp;10.3 and 10.4 of the Offer Document, EY has performed a valuation of Linde PLC as at the effective date of
May&nbsp;31, 2017 in accordance with the IDW&nbsp;S1&nbsp;2008 standard. The IDW&nbsp;S1&nbsp;2008 standard as well as the valuation methodology used for this valuation represent an adequate and generally accepted method for company valuations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">With regard to this Amendment of the Exchange Offer, EY added the valuation of Linde PLC for the scenario in which the Exchange Offer is
accepted only in the amount required to reach the lowered Minimum Acceptance Ratio as described in Section&nbsp;2 of this Amendment of the Exchange Offer. On this basis EY has come to the conclusion that the value per Linde PLC Offer Share as at the
effective date May&nbsp;31, 2017 is EUR&nbsp;121.84, if the Exchange Offer is accepted for only 60% of all Linde Shares entitled to voting rights at the time of the publication of this Amendment of the Exchange Offer (excluding &#150; for the
avoidance of doubt &#150; Linde Treasury Shares). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-4- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="92%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="4"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Value of offer consideration</B></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD COLSPAN="4" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Acceptance ratio</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Value per Linde PLC Share in EUR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121.84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exchange ratio</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD COLSPAN="4" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Value of offer consideration in EUR</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>187.63</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD COLSPAN="4" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">3-Month-Average-Price</FONT> Linde AG in EUR</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD COLSPAN="4" VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Therefore, the value per 1.540&nbsp;Linde PLC Offer Shares under the Exchange Offer, as determined by EY, also
exceeds the minimum value required for complying with the minimum price rules when assuming an acceptance of the Exchange Offer for 60% of the Linde Shares. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Against this background the Bidder believes that the Offer Consideration is adequate within the meaning of Section&nbsp;31 para.&nbsp;1
Takeover Act, as it includes an implied premium offered to Linde Shareholders. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_4"></A>4.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Extension of the Acceptance Period </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">With respect to Section&nbsp;4.2 of the Offer
Document (<I>Acceptance Period</I>), the Bidder points out that due to this Amendment of the Exchange Offer, the Acceptance Period is extended by two (2)&nbsp;weeks pursuant to Section&nbsp;21 para.&nbsp;5 Takeover Act and in accordance with Rule <FONT
STYLE="white-space:nowrap">14e-1</FONT> of the Exchange Act. The Acceptance Period will now expire on </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>November&nbsp;7, 2017 at
24:00&nbsp;hours (CET). </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">This extension of the Acceptance Period also applies even if the amended Exchange Offer would violate any
laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Certain circumstances, which are described in more detail in Section&nbsp;4.3 of the Offer Document, may lead to a further
extension of the Acceptance Period. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_5"></A>5.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Additional Acceptance Period </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Linde Shareholders who have not accepted the Exchange
Offer during the extended Acceptance Period may still accept it within two (2)&nbsp;weeks after the Bidder has published the results of the Exchange Offer pursuant to Section&nbsp;23 para.&nbsp;1 sentence&nbsp;1 no.&nbsp;2 Takeover Act
(&#147;<B>Additional Acceptance Period</B>&#148;), unless a Closing Condition set out in Section&nbsp;12.1 of the Offer Document other than the Regulatory Condition has not been satisfied before the end of the extended Acceptance Period and has not
been validly waived in advance. One such Closing Condition is that the Exchange Offer will only be successful if the Minimum Acceptance Ratio of 60% of Linde Shares (as described in more detail in Section&nbsp;2 of this Amendment of the Exchange
Offer) is reached at the expiration of the extended Acceptance Period, <I>i.e. </I>on November&nbsp;7, 2017 at 24:00&nbsp;hours (CET). If the Minimum Acceptance Ratio is not reached by November&nbsp;7, 2017 at 24:00&nbsp;hours (CET), the Exchange
Offer will be terminated and there will be no Additional Acceptance Period. Accordingly, Linde Shareholders should not rely on the possibility of accepting the Exchange Offer during the Additional Acceptance Period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-5- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Assuming the publication of the results of the Exchange Offer pursuant to Section&nbsp;23
para.&nbsp;1 sentence&nbsp;1 no.&nbsp;2 Takeover Act occurs on November&nbsp;10, 2017, the Additional Acceptance Period starts on November&nbsp;11, 2017, and expires on November&nbsp;24, 2017 at 24:00&nbsp;hours (CET). After the expiration of this
Additional Acceptance Period, the Exchange Offer may no longer be accepted (except in the case of a potential Put Right in accordance with Section&nbsp;39c Takeover Act). </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_6"></A>6.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Rights of withdrawal </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Pursuant to Sections&nbsp;34, 21 para.&nbsp;2 sentence&nbsp;1 in
conjunction with Section&nbsp;14 para.&nbsp;3 sentence&nbsp;1 Takeover Act, the Bidder points out that every Linde Shareholder, if and to the extent such Linde Shareholder has accepted the Exchange Offer prior to the publication of this Amendment to
the Exchange Offer, may withdraw from the agreements that were entered into as a consequence of the acceptance of the Exchange Offer in accordance with Section&nbsp;21 para.&nbsp;4 Takeover Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">In addition, pursuant to Section&nbsp;17.1(1) of the Offer Document, Tendering Linde Shareholders may, at any time until the expiration of the
Acceptance Period, as extended, withdraw from the agreements that were entered into as a consequence of the acceptance of the Exchange Offer. The withdrawal right in the event of a competing offer (as described in Section&nbsp;17.1(2) of the Offer
Document) remains unaffected. The details of the exercise of withdrawal rights and the technical procedure are described in in more detail in Section&nbsp;17.2 of the Offer Document. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman"><B>Important notice: </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman"><B>Linde Shareholders who have already validly accepted the Exchange Offer and continue to wish to accept the Exchange Offer are <U>not</U>
required to exercise their withdrawal right or to take any other action to obtain the Offer Consideration in accordance with the terms and conditions of the Exchange Offer. </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_7"></A>7.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Notice in case of the occurrence of an adverse tax event </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Each of Linde AG and Praxair
may, in accordance with the Business Combination Agreement and irrespective of reaching the lowered Minimum Acceptance Ratio, terminate certain covenants contained in the Business Combination Agreement, such as the efforts to obtain regulatory
approvals, prior to the Settlement of the Exchange Offer (as described in Section&nbsp;8.3 of the Offer Document as well as Sections&nbsp;1.6.2 and 6.10.1 in Annex&nbsp;3 of the Offer Document). These rights to terminate the covenants exist in the
event of an adverse tax event (as described in Section&nbsp;6.10.1.1 in Annex&nbsp;3 of the Offer Document), as well as in certain other circumstances. Such adverse tax event occurs if, as of a date of determination, which is no earlier than the
date on which the results following the expiration of the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-6- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">
Additional Acceptance Period are published pursuant to Section&nbsp;23 para.&nbsp;1 sentence&nbsp;1 no.&nbsp;3 Takeover Act, the number of Tendered Linde Shares does not correspond to at least
74% of all Linde Shares outstanding as of this date of determination, as well as in certain other circumstances. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">The occurrence of an
adverse tax event may lead to the termination of certain covenants on the basis of such occurrence which would likely lead to a <FONT STYLE="white-space:nowrap">non-satisfaction</FONT> of the Closing Conditions of the Exchange Offer and a failure to
complete the Business Combination. The exercise of the termination right by Linde AG and/or Praxair is likely in case it appears necessary, from the perspective of the terminating party, in order to avert significant disadvantages from the
respective company and/or its affiliated companies or their respective shareholders. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_8"></A>8.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Declaration of acceptance of responsibility for the contents of this Amendment of the Exchange Offer </B></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Linde PLC, registered under the laws of Ireland and with its registered office at Ten Earlsfort Terrace, Dublin&nbsp;2, D02&nbsp;T380, Ireland
and its principal executive offices at The Priestley Centre, 10&nbsp;Priestley Road, Surrey Research Park, Guildford, Surrey GU2&nbsp;7XY, United Kingdom assumes responsibility for the contents of this Amendment of the Exchange Offer, pursuant to
Section&nbsp;21 para.&nbsp;3 in conjunction with Section&nbsp;11 para.&nbsp;3 Takeover Act and declares that, to the best of its knowledge, the information contained in this Amendment of the Exchange Offer is correct and no material facts are
omitted. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-7- </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B><A NAME="toc473414_9"></A>9.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Signatures </B></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">London, October&nbsp;23, 2017 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">Linde&nbsp;PLC </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="90%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Andrew Brackfield</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Richard Steinseifer</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Andrew Brackfield</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Director</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Richard Steinseifer</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Director</P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">-8- </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
