v3.26.1
Schedule H, Part IV, Line 4(i) – Schedule of Assets (Held at End of Year)
 12 Months Ended
Dec. 31, 2025
EBP 001  
EBP, Schedule of Asset Held for Investment [Line Items]  
Schedule H, Part IV, Line 4(i) – Schedule of Assets (Held at End of Year)
Air Products and Chemicals, Inc. Retirement Savings Plan
Employer ID No: 23-1274455, Plan No: 001
Schedule H, Part IV, Line 4(i) – Schedule of Assets (Held at End of Year)
As of 31 December 2025
(In thousands, except for share data)

Identity of issueDescriptionCurrent value
Interest-bearing cash:
*Fidelity Trust Management Company Cash$15,485 
Snyder Small Mid CapCash3,814 
*
Invesco Stable Value FundCash6,718 
Bond Index Fund:
Vanguard Total Bond Market Index Fund
Mutual fund shares: 4,673,089
45,656 
Large Cap Value Fund:
Vanguard Windsor II Fund Admiral
Mutual fund shares: 2,726,182
227,364 
International Stock Funds:
*Fidelity International Discovery Commingled PoolCommingled investment pool78,759 
Vanguard Total International Stock Index Fund
Mutual fund shares: 320,253
51,910 
Life Cycle Funds (Lending Series Fund Class V):
SS Target Retirement Income SecuritiesCommingled investment pool65,790 
SS Target Retirement 2025 SecuritiesCommingled investment pool88,730 
SS Target Retirement 2030 SecuritiesCommingled investment pool165,233 
SS Target Retirement 2035 SecuritiesCommingled investment pool125,185 
SS Target Retirement 2040 SecuritiesCommingled investment pool127,390 
SS Target Retirement 2045 SecuritiesCommingled investment pool87,842 
SS Target Retirement 2050 SecuritiesCommingled investment pool75,721 
SS Target Retirement 2055 SecuritiesCommingled investment pool64,795 
SS Target Retirement 2060 SecuritiesCommingled investment pool30,341 
SS Target Retirement 2065 SecuritiesCommingled investment pool11,570 
SS Target Retirement 2070 SecuritiesCommingled investment pool1,334 
Corporate Bond Fund:
BBH Core Plus Fixed IncomeCommingled investment pool53,899 
S&P 500 Index Fund:
*
Spartan 500 Index PoolCommingled investment pool416,878 
Extended Market Index Fund:
*
Spartan Extended Market Index PoolCommingled investment pool50,642 
Large Cap Growth Fund:
JPMCB Large Cap Growth FundCommingled investment pool272,243 
Common Stock:
*Air Products and Chemicals, Inc. Common Stock
Common stock shares: 1,483,987; Historical Cost: $233,266
366,605 
Small Mid-Cap Corporate Common Stock
**Snyder Small Mid CapEquity Securities130,392 
Self-Directed Brokerage Account:
*Fidelity BrokerageLinkBrokerage account for many publicly available mutual funds86,987 
Fixed Income Securities Fund:
**Invesco Stable Value FundGuaranteed investment contracts144,097 
Total investments$2,795,380 
*Participant loans
Interest rates ranging from 4.25% to 9.50% with various maturity dates
$21,541 
* Represents investments with a party-in-interest.
** Refer to Attachment A for listing of underlying holdings.
Note: Cost information not presented because investments are participant directed.
Air Products and Chemicals, Inc. Retirement Savings Plan
Employer ID No: 23-1274455, Plan No: 001
Attachment A
As of 31 December 2025
(In thousands)

Identity of issueDescriptionCurrent value
Allegion PLCCommon Stock$2,092 
Ametek IncCommon Stock6,339 
Amphenol Corp Cl ACommon Stock3,672 
Bio Techne CorpCommon Stock3,759 
Brown & Brown IncCommon Stock3,506 
BWX Technologies IncCommon Stock5,453 
Cabot CorpCommon Stock2,030 
Charles River Laboratories International IncCommon Stock3,810 
Clean Harbors IncCommon Stock7,123 
Coherent CorpCommon Stock6,649 
Copart IncCommon Stock1,626 
Dolby Laboratories Inc Cl ACommon Stock3,169 
Entegris IncCommon Stock5,765 
First American Financial CorpCommon Stock1,667 
Graco IncCommon Stock1,949 
Halozyme Therapeutics IncCommon Stock3,637 
HEICO Corp Cl ACommon Stock3,325 
Henry Schein IncCommon Stock3,549 
Hexcel CorpCommon Stock2,288 
Huntington Bancshares IncCommon Stock4,558 
IDEX CorpCommon Stock2,975 
Ingredion IncCommon Stock3,641 
Keysight Technologies IncCommon Stock3,694 
LKQ CorpCommon Stock2,652 
Markel Group IncCommon Stock879 
Mid-America Apartment Communities IncCommon Stock2,116 
NNN REIT IncCommon Stock1,415 
Power Integrations IncCommon Stock2,618 
Prosperity Bancshares IncCommon Stock2,382 
Rentokil Initial PLC Sponsored ADRCommon Stock4,048 
Shift4 Pmts Inc Cl ACommon Stock1,468 
SS&C Technologies Holdings IncCommon Stock6,327 
STERIS PLCCommon Stock2,941 
UGI CorpCommon Stock4,372 
Waste Connections IncCommon Stock6,108 
WEX Inc.Common Stock2,353 
Woodward IncCommon Stock4,437 
Snyder Small Mid Cap$130,392 
Dodge & Cox Core Fixed Income FundSynthetic$7,530 
Invesco Core Fixed Income FundSynthetic7,532 
Invesco Intermediate FundSynthetic15,210 
Invesco Short Term Bond FundSynthetic68,284 
Jennison Intermediate FundSynthetic15,223 
Loomis Sayles Core Fixed Income FundSynthetic7,532 
Loomis Sayles Intermediate FundSynthetic7,626 
PIMCO Core Fixed Income FundSynthetic7,531 
PIMCO Intermediate FundSynthetic7,629 
Invesco Stable Value Fund$144,097