Corporate Governance

Linde Finance B.V. has a Management Board and a Supervisory Board

The Management Board is accountable to the Supervisory Board and the General Meeting for its policy. Based on the number of Supervisory Directors, the Supervisory Board of Linde Finance B.V. can operate without separate committees. This means that the Supervisory Board also acts as Audit Committee.

The General Meeting

The Linde Finance B.V. General Meeting has the authority to approve certain Management Board decisions. These decisions, which are stipulated in the Articles of Association, are major decisions relating to the operations, legal structure and financial structure of the Linde Finance B.V. (and the companies in which it holds shares) as well as decisions related to major investments.

The most important other authorities of the General Meeting are:

  • adoption of the Linde Finance B.V. financial statements and profit appropriation;
  • discharging the members of the Management Board for their management and the members of the Supervisory Board for their supervision of the Management Board;
  • adoption of the dividend;
  • appointment and dismissal of the external auditor;
  • amendments to the Articles of Association; and
  • issuing of shares, exclusion of the application right, authorization to repurchase the Linde Finance B.V. own shares, reduction of the paid-up capital, dissolution, application for bankruptcy.

Conflict of interests

Linde Finance B.V. as part of Linde plc strictly rules to prevent every form and appearance of a conflict of interest between the Linde Finance B.V. on the one hand and the members of the Management Board and the members of the Supervisory Board on the other hand. Decisions to enter into transactions involving conflicting interests of Management Board or Supervisory Board members of a material significance for the Linde Finance B.V. and/or for the relevant individual must, in accordance with these rules, be approved by the Supervisory Board. During the year under review no conflicts of interests were reported.

Corporate Social Responsibility

Linde Finance B.V. adheres to the Linde plc governance guidelines and code of business integrity which provides guidance on how we as Linde employees will conduct ourselves with each other and with customers, suppliers, governments, other businesses, and our environment. Learn more about our commitment to integrity

We are also committed to the company’s core values of Safety, Integrity, Community, Inclusion and Accountability. Learn more about our core values