Treasury Stock Transaction – Shell (NYSE:SHEL)

Treasury Stock Transaction – Shell (NYSE:SHEL)

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Transaction in treasury shares

May 09, 2023

• • • • • • • • • • • • • • •

Shell plc (the “Company”) announces that on 9 May 2023 it has purchased the following number of Shares for cancellation.

Aggregated information on purchased shares by trading venue:

date of purchase Number of shares purchased Highest Price Paid

Lowest Price Paid

Volume weighted average price per share Venue currency
05.09.2023 802,649 £23,8500 £23.5650 £23,7269 LSE British pound
05.09.2023 160,022 £23,8500 £23.6950 £23,7904 Chi-X (CXE) British pound
05.09.2023 Bats (BXE) British pound
05.09.2023 1,326,531 €27.7100 € 27.3450 € 27.5005 XAMS EUR
05.09.2023 CBOE DXE EUR
05.09.2023 TQEX EUR

These stock purchases are part of the on-exchange and off-exchange portions of the Company’s existing share repurchase program previously announced on May 4, 2023.

In relation to this program, for a period from May 4, 2023 to July 21, 2023 inclusive, Goldman Sachs International will make trading decisions in respect of the Securities independently of the Company.

The IPO will be conducted within certain predetermined parameters and in accordance with the Company’s general authority to repurchase shares in the market. The OTC portion will be conducted in accordance with the Company’s general OTC share repurchase authority pursuant to the OTC Share Repurchase Agreement approved by its shareholders and the pre-determined parameters set forth therein. The Scheme will be implemented in accordance with Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU which deals with buy back schemes (“EU MAR”) and EU MAR as “onshored” into UK law at the end of the Brexit transition period ( on December 31, 2020 at 11:00 p.m.) by the European Union (Withdrawal) Act 2018 (as…



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