Linde plc CHF 500 Million Senior Bonds Final Terms and Conditions (2029 & 2033)

Exhibit 4.1

Linde plc

CHF 225 million 0.6150% Senior Bonds due 2029 (”Tranche A”)

CHF 275 million 1.0629% Senior Bonds due 2033 (”Tranche B”)

				1

GOTTEX Screenshot

4yr

8yr

				3

Disclaimer

Provenance and purpose. This document has been issued by UBS AG and BNP PARIBAS, Paris, Lancy/Geneva Branch (together, with their respective subsidiaries, branches and affiliates, the “Joint Lead Managers”) for the exclusive use of the party to whom this document is delivered (the “Recipient”).

Information only. This document has been prepared solely for the information of the issuer of the securities described herein and the Joint Lead Managers and may not be relied upon by any potential investor or any other person for any purpose. It is not intended to create any legally binding obligations on the Joint Lead Managers and should not be construed as an underwriting commitment or a recommendation to conclude any transaction. The transaction described in this document is subject to execution of definitive legal contracts, including the relevant underwriting or subscription agreement, the delivery of conditions precedent and the completion of any applicable disclosure document.

No distribution. This document has been prepared on a confidential basis solely for the information of the Recipient. Distribution of this document to any person other than the Recipient and those persons retained to advise the Recipient, who agree to maintain the confidentiality of this material and be bound by the limitations outlined herein, is unauthorised. This material must not be copied, reproduced, published, distributed, passed on or disclosed (in whole or in part) to any other person or used for any other purpose at any time without the prior written consent of the Joint Lead Managers.

No advice given. The Recipient should not construe the contents of this document as legal, tax, accounting or investment advice or a personal recommendation. The Recipient should consult its own counsel, tax and financial advisers as to legal and related matters concerning any matters described herein. This document does not purport to be all-inclusive or to contain all of the information that the Recipient may require.

Other activities. Each of the Joint Lead Managers may from time to time, as principal or agent, have positions in, or may buy or sell, or make a market in any securities, currencies, financial instruments or other assets underlying the transaction to which this document relates. The Joint Lead Managers trading and/or hedging activities related to the transaction to which this document relates may have an impact on the price of the securities to which this document relates.

UBS AG is authorized and regulated by the Swiss Financial Market Supervisory Authority FINMA in Switzerland.

Prohibition of Sales to EEA Retail Investors. The Bonds are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the European Economic Area (“EEA”). For the purposes of this provision, the expression “retail investor” means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); or (ii) a customer within the meaning of Directive 2016/97/EU as amended (the “Insurance Distribution Directive”), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.

Prohibition of Sales to UK Retail Investors. The Bonds are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the United Kingdom (“UK”). For the purposes of this provision, the expression “retail investor” means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (“EUWA”); or (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000, as amended (the “FSMA”) and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA.

MiFID II Product Governance / Professional investors and eligible counterparties only target market. Solely for the purposes of the manufacturer’s product approval process, the target market assessment in respect of the Bonds has led to the conclusion that: (i) the target market for the Bonds is only eligible counterparties, and professional clients and, only in Switzerland, retail clients, each as defined in MiFID II; and (ii) all channels for distribution of the securities to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the securities (a “distributor”) should take into consideration the manufacturer’s target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Bonds (by either adopting or refining the manufacturer’s target market assessment) and determining appropriate distribution channels.

SWISS PUBLIC OFFER. For the avoidance of doubt, the Bonds will be offered to the public in Switzerland only.

© UBS 2025. All rights reserved. The Joint Lead Managers specifically prohibit the redistribution of this material and accept no liability whatsoever for the actions of third parties in this respect.

				4