Treasury Stock Transaction – Shell (NYSE:SHEL)

Treasury Stock Transaction – Shell (NYSE:SHEL)

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February 21, 2023

• • • • • • • • • • • • • • •

Shell plc (the “Company”) announces that on 21 February 2023 it has purchased the following number of Shares for cancellation.

Aggregated information on shares purchased by trading venue:

date of purchase Number of shares purchased Highest Price Paid

Lowest Price Paid

Volume weighted average price per share Venue currency
02/21/2023 1,233,898

£25,310 £24,805 £24,936 LSE British pound
02/21/2023 148,266 £25,310 £24,805 £24,960 Chi-X (CXE) British pound
02/21/2023 237,836 £25,300 £24,805 £24,948 Bats (BXE) British pound
02/21/2023 1,065,000 €28,535 €28,130 €28,284 XAMS EUR
02/21/2023 260,000 €28,535 €28,130 €28,308 CBOE DXE EUR
02/21/2023 25,000 €28,515 €28,175 €28,307 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 February 2, 2023.

In relation to this program, BNP Paribas Exane will make trading decisions in respect of the Securities independently of the Company for a period from February 2, 2023 to April 28, 2023 inclusive.

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 program 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 programs (“EU MAR”) and EU MAR as “onshored” into UK law at the end of the Brexit transition period ( on 31 December 2020 at 11:00 p.m.) by the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020) and as amended, supplemented and restated, novated or replaced by the Financial…

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