As a global gases, performance materials, equipment and services provider, Air Products is unique. We serve many of today's high-growth markets, including energy, technology, healthcare and a wide variety of industrial and other markets.

Leading supply positions
We supply atmospheric gases, process and specialty gases, performance materials, and equipment and services to customers throughout the world. With our culture based on innovation, operational excellence and a commitment to corporate responsibility, we have built leading supply positions in key growth markets, including semiconductor and flat panel display materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives.

Global scope
We are geographically diversified, with operations in over 40 countries and more than half of our revenues outside of the U.S. Our more than 20,000 employees differentiate Air Products by building lasting relationships with customers and communities based on understanding, integrity and passion.

Earnings stability
There is a high degree of stability in our earnings. We have a strong balance sheet with "A" bond ratings, and we generate strong cash flow. We also have attractive business models in how we go to market. For example, the majority of our business is supplied under long-term contracts. We have energy and raw material pass-through capability for the vast majority of the company's sales.

Growing with discipline
And most importantly, we're growing. We have substantial operating leverage as we load our existing assets with good business. We are driving increased productivity across our businesses at all levels. We are focused on growth in our four global businesses: Merchant Gases; Tonnage Gases, Equipment and Energy; Electronics and Performance Materials; and Healthcare. And we remain disciplined in our capital spending, pursuing leadership positions and choosing only the best opportunities. Each and every day, we work hard to improve our business portfolio, shifting it toward a more focused, less cyclical, higher growth, and higher return mix for our shareholders.

Forward Looking Statements
The forward-looking statements contained in this presentation are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this presentation regarding important risk factors. Actual performance and financial results may differ materially from those expressed in the forward-looking statements because of many factors, including those specifically referenced as future events or outcomes that the company anticipates as well as, among other things, overall economic and business conditions different than those currently anticipated and demand for Air Products’ goods and services during that time; competitive factors in the industries in which it competes; interruption in ordinary sources of supply; the ability to recover unanticipated increased energy and raw material costs from customers; uninsured litigation judgments or settlements; changes in government regulations; consequences of acts of war or terrorism impacting the United States’ and other markets; the effects of a pandemic or epidemic or a natural disaster; charges related to portfolio management and cost reduction actions; the success of implementing cost reduction programs and achieving anticipated acquisition synergies; the timing, impact and other uncertainties of future acquisitions or divestitures or unanticipated contract terminations; significant fluctuations in interest rates and foreign currencies from that currently anticipated; the impact of tax and other legislation and regulations in jurisdictions in which Air Products and its affiliates operate; the impact of new financial accounting standards; and the timing and rate at which tax credits can be utilized. The company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this presentation to reflect any change in the company’s assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.