American Air Liquide Holdings, Inc. serves its customer's locations in the United States through a number of subsidiaries. Effective January 1, 2012, the California Transparency in Supply Chains Act ("Act") requires retailers and manufacturers doing business in California with over $100 Million in worldwide gross receipts to publicly disclose their efforts to eradicate slavery and human trafficking from their supply chains. Air Liquide supports California’s efforts to raise public awareness of these issues through the Act. 

Air Liquide is strongly committed to the highest standards of ethical conduct in every aspect of its dealings with its constituencies – employees, customers, communities, suppliers and stockholders, and rigorously enforces compliance with its policies and procedures. Such policies and procedures are embodied in a well developed and strictly observed Code of Conduct in which employees have regular training.

However, given the nature of Air Liquide's primary business, supplying purified atmospheric gases and the manufacturing of other gases such as hydrogen, it is our opinion that the Act addresses concerns that do not arise in the conduct of Air Liquide's business.