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REG-Director/PDMR Shareholding

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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND
UK MARKET ABUSE REGIMES

November 3, 2025

Shell plc (the “Company”) announces that on October 31, 2025:

a)      Wael Sawan, a Person Discharging Managerial Responsibilities
(“PDMR”) has elected to participate in a Dividend Reinvestment Plan
(“DRIP”) and reinvest future dividend payments on his shareholdings in a
Computershare Share Plan Account. As at October 31, 2025, Wael Sawan held
374,808.246425 ordinary shares of €0.07 each in the Company in his
Computershare Share Plan Account.

b)      Philippa Bounds, a PDMR has sold 5,973 ordinary shares of
€0.07 each in the Company.

The Notification of Dealing Form for each PDMR can be found below.

 1. Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                                                                       
 First Name(s)                              Wael                                                                                                                                                                                                                                  
 Last Name(s)                               Sawan                                                                                                                                                                                                                                 
 2. Reason for the notification                                                                                                                                                                                                                                                   
 Position/status                            Chief Executive Officer                                                                                                                                                                                                               
 Initial notification/amendments            Initial notification                                                                                                                                                                                                                  
 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                                                                                                 
 Full name of the entity                    Shell plc                                                                                                                                                                                                                             
 Legal Entity Identifier code               21380068P1DRHMJ8KU70                                                                                                                                                                                                                  
 4. Details of the transaction(s) section to be repeated for (i) each type of instrument, (ii) each type of transaction, (iii) each date, (iv) each place where transactions have been conducted                                                                                  
 Description of the financial instrument    Ordinary shares of €0.07 each                                                                                                                                                                                                         
 Identification Code                        GB00BP6MXD84                                                                                                                                                                                                                          
 Nature of the transaction                  Participation in a DRIP to reinvest future dividend payments on shareholdings in a Computershare Share Plan Account. As at October 31, 2025, Wael Sawan held 374,808.246425 ordinary shares in his Computershare Share Plan Account.  
 Currency                                   N/A                                                                                                                                                                                                                                   
 Price                                      N/A                                                                                                                                                                                                                                   
 Volume                                     N/A                                                                                                                                                                                                                                   
 Total                                      N/A                                                                                                                                                                                                                                   
 Aggregated information Volume Price Total  N/A N/A N/A                                                                                                                                                                                                                           
 Date of transaction                        October 31, 2025                                                                                                                                                                                                                      
 Place of transaction                       Outside trading venue                                                                                                                                                                                                                 



 1. Details of the person discharging managerial responsibilities/person closely associated     
 First Name(s)                            Philippa                                              
 Last Name(s)                             Bounds                                                
 2. Reason for the notification                                                                 
 Position/status                          Chief Legal Officer                                   
 Initial notification/amendments          Initial notification                                  
 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 Full name of the entity                  Shell plc                                             
 Legal Entity Identifier code             21380068P1DRHMJ8KU70                                  
 4. Details of the transaction(s) section to be repeated for (i) each type of instrument, (ii) each type of transaction, (iii) each date, (iv) each place where transactions have been conducted 
 Description of the financial instrument  Ordinary shares with a nominal value of €0.07 each    
 Identification Code                      GB00BP6MXD84                                          
 Nature of the transaction                Disposal of ordinary shares                           
 Currency                                 GBP                                                   
 Price                                    £28.34                                                
 Volume                                   5,973                                                 
 Total                                    £169,274.82                                           
 Aggregated information:                                                                        
 Price                                    £28.34                                                
 Volume                                   5,973                                                 
 Total                                    £169,274.82                                           
 Date of transaction                      October 31, 2025                                      
 Place of transaction                     London                                                

Julie Keefe
Deputy Company Secretary

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