Air Products Will Not Proceed With Louisiana Clean Energy (Lcec) Project Company Will Record Pre-Tax Charge In Fiscal Third Quarter Finalizing Agreement With Yara For Renewable Ammonia From Neom Green Hydrogen Project In Saudi Arabia

Air Products and Chemicals Inc NYSE:APD:

• AIR PRODUCTS WILL NOT PROCEED WITH LOUISIANA CLEAN ENERGY (LCEC) PROJECT; COMPANY WILL RECORD PRE-TAX CHARGE IN FISCAL THIRD QUARTER; FINALIZING AGREEMENT WITH YARA FOR RENEWABLE AMMONIA FROM NEOM GREEN HYDROGEN PROJECT IN SAUDI ARABIA

• AIR PRODUCTS - WILL RECORD PRE-TAX CHARGES UP TO $2.9 BILLION IN FISCAL 2026 Q3

• AIR PRODUCTS: TO DISCONTINUE ZERO-CARBON LIQUID HYDROGEN FACILITY IN CASA GRANDE, ARIZONA

• AIR PRODUCTS: WILL MAXIMIZE REDEPLOYMENT OF CERTAIN ASSETS TO EXISTING OR FUTURE PROJECTS; WORK TO REDUCE EXPOSURE OF EXISTING CONTRACTUAL AGREEMENTS

• AIR PRODUCTS: ADDITIONAL FINANCIAL INFORMATION RELATED TO THESE ACTIONS WILL BE PROVIDED IN CO'S Q3 EARNINGS RELEASE