A New Era of Strategic Vision: Howard Ungerleider Joins Air Products' Esteemed Board of Directors

Allentown, PA – Air Products (NYSE: APD), a global leader in industrial gases and chemical solutions, today announced a pivotal addition to its esteemed Board of Directors: Howard Ungerleider, an industry titan renowned for his profound financial acumen and strategic leadership. Effective August 1, 2025, Mr.

Ungerleider's appointment is poised to significantly bolster Air Products' governance and long-term strategic vision.

Mr. Ungerleider brings an extraordinary depth of experience garnered from a distinguished career spanning over three decades in global finance and corporate leadership. Most notably, he served as President and Chief Financial Officer of Dow Inc., a role where he was instrumental in shaping the company's financial strategy, overseeing its global operations, and navigating complex market dynamics.

His tenure at Dow saw him spearhead critical initiatives in capital allocation, investor relations, and transformative M&A activities, which consistently delivered substantial shareholder value.

Seifi Ghasemi, Chairman, President, and Chief Executive Officer of Air Products, expressed profound enthusiasm regarding the new appointment.

"We are absolutely thrilled to welcome Howard Ungerleider to our Board," stated Ghasemi. "His unparalleled expertise in financial stewardship, coupled with his proven track record in leading global enterprises through periods of significant growth and change, will be an invaluable asset to Air Products.

Howard's strategic insights and deep understanding of the industrial landscape align perfectly with our ambitious goals for sustainable growth and delivering long-term value to our shareholders."

Beyond his pivotal roles at Dow, Mr. Ungerleider's extensive board experience includes serving on the boards of other prominent public companies, such as Vertex Pharmaceuticals and W.R.

Grace & Co., demonstrating his broad understanding of corporate governance best practices across diverse sectors. His multifaceted background provides a unique perspective that will undoubtedly contribute to Air Products' continued success in its vital role of supplying essential industrial gases, equipment, and services across various industries worldwide.

Air Products remains committed to maintaining a robust and diverse Board of Directors composed of leaders who possess a wide array of skills, experiences, and perspectives.

The addition of Mr. Ungerleider underscores this commitment, reinforcing the company's dedication to world-class governance and strategic foresight as it continues to expand its global footprint and innovate in critical sectors like clean energy, hydrogen, and carbon capture.

This strategic appointment signals Air Products' proactive approach to securing top-tier talent and expertise, ensuring the company is exceptionally well-positioned to capitalize on future opportunities and navigate the evolving global economic landscape for decades to come.