Air Products & Chemicals, Inc.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 18, 2025, the board of directors (the “Board”) of Air Products and Chemicals, Inc. (the “Company”) elected Howard Ungerleider as a director of the Company, effective September 1, 2025. Mr. Ungerleider, 56, is an Operating Advisor at Clayton, Dubilier & Rice, a leading private equity firm, and previously served from 2018 to 2023 as President and from 2014 to 2023 as Chief Financial Officer of Dow Inc. and its predecessors. In connection with Mr. Ungerleider’s election, the Board considered his independence under New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines and concluded that he will be an independent director under these standards. The Board assigned Mr. Ungerleider to serve as a member of its Audit and Finance Committee, also effective September 1, 2025. Mr. Ungerleider will receive compensation and be subject to indemnification for serving as a member of the Board consistent with the Company’s normal arrangements for non-employee directors, which are described in the Company’s definitive proxy statement for its 2025 annual meeting of shareholders. There are no arrangements or understandings between Mr. Ungerleider and any other person pursuant to which Mr. Ungerleider was elected as a director, and neither Mr. Ungerleider nor any of his immediate family members is a party, either directly or indirectly, to any transaction that would be required to be reported under Item 404(a) of Regulation S-K. A copy of the Company’s press release announcing the election of Mr. Ungerleider is filed as Exhibit 99.1 hereto and is incorporated herein by reference.