林德 2025年度报告

Form 11-K ANNUAL REPORT PURSUANT TO SECTION 15 (d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 15 (d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission File Number 001-38730 Full title of the Plan and the address of the Plan, if different from that of the issuer named below: Linde Puerto Rico B.V. Retirement Savings PlanP.O. Box 307Gurabo, Puerto Rico 00778 Name of issuer of the securities held pursuant to the Plan and the address of its principal executive office: Linde plc Forge43 Church Street WestWoking, Surrey GU21 6HTUnited Kingdom Linde Puerto Rico B.V. Retirement Savings Plan Index ______________________________________________________________________________________________________PageReport of Independent Registered Public Accounting Firm3Financial StatementsStatements of Net Assets Available for Benefits as of December31, 2025 and 20244Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 20255Notes to Financial Statements6-9Supplemental ScheduleSchedule H, line 4i – Schedule of Assets (Held at End of Year) as of December 31, 202510Index to Exhibits11Signature12 All other schedules required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the EmployeeRetirement Income Security Act of 1974 (ERISA) have been omitted because they are not applicable. Report of Independent Registered Public Accounting Firm To the Administrative Committee, Plan Administrator, and Plan ParticipantsLinde Puerto Rico B.V. Retirement Savings Plan Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of Linde Puerto Rico B.V. Retirement Savings Plan(the “Plan”) as of December31, 2025 and 2024, and the related statement of changes in net assets available for benefits for the yearended December31, 2025, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financialstatements present fairly, in all material respects, the net assets available for benefits of the Plan as of December31, 2025 and 2024,and the changes in net assets available for benefits for the year ended December31, 2025, in conformity with accounting principlesgenerally accepted in the United States of America. Basis for Opinion These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on thesefinancial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting OversightBoard (United States) ("PCAOB") and are required to be independent with respect to the Plan in accordance with the U.S. federalsecurities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the auditto obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part ofour audits, we are required to obtain an understanding of internal control over financial reporting, but not for purposes of expressing anopinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due toerror or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidenceregarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles usedand significant estimates made by the Plan’s management, as well as evaluating the overall presentation of the financial statements. Webelieve that our audits provide a reasonable basis for our opinion. Supplemental Information The supplemental schedule of assets (held at end of year) (Schedule H – Line 4i) as of December31, 2025 has been subjected to auditprocedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is theresponsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconcilesto the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test thecompleteness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplementalinformation in the accompanying schedule, we evaluated whether the supplemental information, including its form and content, ispresented in conf