Chart Industries, Inc. Merger Agreement Update

Chart Industries, Inc. (Chart) announced an update regarding its acquisition by Baker Hughes. The pre-notification process with the European Commission (EC) has been concluded, and Baker Hughes has filed a Form CO with the EC, initiating the Phase I review period. Based on standard timelines, and subject to regulatory approvals and customary closing conditions, Chart anticipates the merger to be completed in July 2026. The report also includes standard forward-looking statements and risk factors associated with the merger, emphasizing potential delays, regulatory hurdles, and the possibility of unforeseen circumstances impacting the transaction. Chart does not undertake to update these statements except as required by law.