Linde India Limited — M&A Activity 2021

Aug 3, 2021

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Sect/72

3 August 2021

To, To, The Manager [NSE NEAPS] The General Manager [BSE Listing Centre] Listing Department Department of Corporate Services National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, 5[th] Floor, New Trading Ring, Rotunda Building, 1[st] Floor, Plot No. C/1, G-Block, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E), Fort, Mumbai – 400051 Mumbai - 400 001

Dear Sir/Madam,

Acquisition of packaged gases business of HPS Gases Ltd., Vadodara

We wish to inform you that the Company has on 2 August 2021 signed a Business Transfer Agreement with HPS Gases Ltd., Vadodara to acquire its entire packaged gases business along with certain distribution assets with effect from 1 November 2021 for an aggregate cash consideration of Rs.275 million. As a part of this acquisition, the Company will enter into other agreements with HPS Gases Ltd., viz. Asset Purchase Agreement, Non-Compete Agreement and Agreement for Product Supply and Purchase. In line with these agreements, Linde India will supply liquid products to HPS Gases Ltd. and purchase gases in packaged and mini bulk from HPS Gases Ltd. under a longterm contract with them.

HPS Gases Ltd. (part of the privately held SKY Oxygen group) is one of the oldest and reputed Industrial Gas players in Western India since1988.

The aforesaid acquisition of the packaged gases business of HPS Gases Ltd. will help expand Linde’s presence in Packaged Gas and Micro Bulk market in Western India. The acquisition does not fall within the purview of related party transaction(s) and the promoter/promoter group does not have any interest in HPS Gases Ltd.

This may please be treated as compliance under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to please take the above on record.

Thanking you,

Yours faithfully,

PAWAN

MARDA Digitally signed by PAWAN MARDA DN: c=IN, st=West Bengal, 2.5.4.20=5567fc379e43cb3ee4a6e9b63049e24c15330a769a69d068122ae160bebe639c, postalCode=700041, street=TOWER-3, FLAT NO - 9F,DIAMOND CITY SOUTH, 58 MAHATMA GANDHI ROAD, TOLLYGUNJE,, pseudonym=0755cb0ed11640617235fe0895b2aac3, serialNumber=1a0c4fc75fa98bc857ad32b81f3c6b911a422328946e5a244b9fea622c29ab5c, o=Personal, cn=PAWAN MARDA Date: 2021.08.03 16:00:25 +05'30'

Pawan Marda

Asst. Vice President & Company Secretary

Registered Office Linde India Limited Oxygen House, P43 Taratala Road Kolkata 700 088, India CIN L40200WB1935PLC008184

Phone +91 33 6602 1600 Fax +91 33 2401 4206 customercare.lg.in@linde.com www.linde.in