Air Products' Board of Directors has issued a letter to shareholders ahead of the 2025 Annual Meeting, stressing the company's dedication to creating long-term, sustainable value by expanding its core industrial gas operations and capitalizing on its clean hydrogen initiatives. The letter highlights Air Products' focus on innovation and the importance of shareholder support in shaping the company's future. The company expresses concerns about Mantle Ridge's intentions to appoint underqualified candidates to the board and urges shareholders to vote for Air Products' nominees on the white proxy card. Air Products, a prominent player in the industrial gases sector, is a global leader in hydrogen production and clean energy projects. With a track record of success and a market capitalization of around $65 billion, the company is positioned to drive advancements in low- and zero-carbon energy solutions. By encouraging shareholders to engage in the voting process and support its strategic direction, Air Products aims to reinforce its commitment to environmental sustainability and corporate excellence. Through its extensive global operations and diverse workforce of 23,000 employees, Air Products continues to lead the way in providing essential industrial gases and equipment to a wide range of industries. The company's proactive approach to addressing environmental challenges and enhancing sustainability underscores its role in shaping a cleaner and more efficient future. By leveraging its expertise in clean hydrogen technologies and other innovative solutions, Air Products remains at the forefront of the transition towards a greener economy.