Exhibit 10.1

AMENDMENT TO EMPLOYMENT AGREEMENT

This AMENDMENT TO EMPLOYMENT AGREEMENT (the “Amendment”) is made, entered and effective as of this 21^st day of May 2020 (the “Effective Date), by and between Air Products and Chemicals, Inc. (together with its affiliates and subsidiaries, the “Company”), and Seifollah Ghasemi (the “Executive”).

W I T N E S E T H:

WHEREAS, the Company and the Executive entered into an Amended and Restated Employment Agreement effective as of October 1, 2017 (the “Employment Agreement”); and

WHEREAS, the Company and the Executive wish to amend the Employment Agreement to extend the Term (as defined in the Employment Agreement) so that the Term shall continue until September 30, 2025, rather than ending on September 30, 2022.

NOW, THEREFORE, in accordance with Section 21 of the Employment Agreement, the Company and the Executive hereby agree as follows, effective as of the Effective Date:

1.    Section 1(aa) of the Employment Agreement (“Definitions”) is amended to provide in its entirety as follows: “‘Term’ is the period from the Start Date through September 30, 2025.”

2.    Section 3 of the Employment Agreement (“Term”) is amended to provide in its entirety as follows:

“The employment of the Executive by the Company as provided in this Agreement shall continue until September 30, 2025 (the “Term”), unless earlier terminated in accordance with the terms of Section 12 of this Agreement.”

3.    Section 12(d) of the Employment Agreement (“Termination by the Company without Cause or Resignation by the Executive for Good Reason”) shall be amended so that the proviso at the end of subsection (i) reads in its entirety as follows:

“provided, however, if the date of termination occurs after September 30, 2023, the two years of salary and bonus payable to the Executive under the Separation Program shall be multiplied by a fraction, the numerator of which shall be the number of days from the last day of employment until September 30, 2025, and the denominator of which shall be 731, and shall not be payable if the last day of employment is on or after September 30, 2025;”

In all other respects, the Employment Agreement shall remain unchanged. In accordance with Section 21 of the Employment Agreement, the Company’s agreement to this Amendment is subject to the consent of the Company’s Board of Directors.

IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first written above.

Exhibit 99.1

Air Products and Chemicals, Inc.

7201 Hamilton Boulevard, Allentown, PA 18195-1501

www.airproducts.com

Air Products Again Extends Seifi Ghasemi’s Term as

Chairman, President and Chief Executive Officer

LEHIGH VALLEY, PA (May 21, 2020) – Air Products’ (NYSE:APD) Board of Directors today announced an amended employment agreement with Air Products’ chairman, president and chief executive officer, Seifi Ghasemi. The new agreement extends Ghasemi’s term through September 30, 2025.

Ghasemi was named chairman, president and chief executive officer of Air Products in 2014. In November 2017, Air Products entered into an amended and restated employment agreement with Ghasemi through September 30, 2022. This new amendment agreement extends Ghasemi’s term through September 30, 2025.

Commenting on the Board’s action, Chad Deaton, lead director, said, “Under Seifi’s strong leadership, Air Products continues to perform at an exceptional level and deliver on its commitments in numerous areas, including financial performance, global growth, inclusion, technology, employee development and shareholder returns, to name a few. The Board understands the importance of maintaining continuity as the company pursues even greater growth globally, and clearly, Seifi Ghasemi provides that strong leadership and direction.”

“I am honored to be given the opportunity to lead Air Products for at least another five years,” said Ghasemi. “I cannot imagine a more professional, dedicated and committed group of people to work with every day. They are a winning team, and I am proud to be part it, working together and winning together.”

About Air Products

Air Products (NYSE:APD) is a world-leading industrial gases company in operation for nearly 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world’s largest industrial gas projects, including gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals.

The Company had fiscal 2019 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $50 billion. More than 17,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors.

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Air Products Internal Use Only

Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the company’s Form 10K for its fiscal year ended September 30, 2019.

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Media Inquiries:

Katie McDonald, tel: (610-481-3673); email: mcdonace@airproducts.com.

Investor Inquiries:

Simon Moore, tel: (610) 481-7461; email: mooresr@airproducts.com.