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 
                                                                                                                  
 February 27, 2026                                                                                                
                                                                                                                  
 Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have received the number of shares as set out below. A percentage of the PDMR’s annual bonus is delivered in cash and a percentage is delivered in shares. Shares are subject to a three-year holding period, which continues to apply after PDMRs leave employment. 
                                                                                                                  
 PDMR                Date Acquired       Share Type          Number of shares acquired  Purchase price per Share  
 Wael Sawan          26 February 2026    SHEL (LSE)          23,980                     GBP 30.11                 
 Sinead Gorman       26 February 2026    SHEL (LSE)          15,841                     GBP 30.11                 
 Philippa Bounds     26 February 2026    SHEL (LSE)          6,892                      GBP 30.11                 
 Peter Costello      26 February 2026    SHEL (LSE)          3,060                      GBP 30.11                 
 Andrew Smith        26 February 2026    SHELL (AMS)         6,853                      EUR 34.57                 
 Rachel Solway       26 February 2026    SHEL (LSE)          6,892                      GBP 30.11                 
 Cederic Cremers     25 February 2026    SHELL (AMS)         5,321                      EUR 34.18                 
 Machteld de Haan    25 February 2026    SHELL (AMS)         4,979                      EUR 34.18                 
 Robin Mooldijk      25 February 2026    SHELL (AMS)         3,648                      EUR 34.18                 
                                                                                                                  
 The Notification of Dealing Form for each PDMR can be found below.                                               
                                                                                                                  
                                                                                                                  
 Julie Keefe                                                                                                      
 Deputy Company Secretary                                                                                         
                                                                                                                  
 ENQUIRIES                                                                                                        
 Shell Media Relations                                                                                            
 International, UK, European Press: +44 20 7934 5550                                                              
                                                                                                                  



 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/ amendment          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                Delivery of 50% of bonus in shares  
 Currency                                 GBP                                 
 Price                                    30.11                               
 Volume                                   23,980.00                           
 Total                                    722,037.80                          
 Aggregated information                                                       
 Volume                                   23,980.00                           
 Price                                    30.11                               
 Total                                    722,037.80                          
 Date of transaction                      26/02/2026                          
 Place of transaction                     Outside a trading venue             



 1. Details of the person discharging managerial responsibilities/person closely associated 
 First Name(s)                            Sinead                              
 Last Name(s)                             Gorman                              
 2. Reason for the notification                                               
 Position/status                          Chief Financial Officer             
 Initial notification/ amendment          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                Delivery of 50% of bonus in shares  
 Currency                                 GBP                                 
 Price                                    30.11                               
 Volume                                   15,841.00                           
 Total                                    476,972.51                          
 Aggregated information                                                       
 Volume                                   15,841.00                           
 Price                                    30.11                               
 Total                                    476,972.51                          
 Date of transaction                      26/02/2026                          
 Place of transaction                     Outside a 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/ amendment          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                Delivery of 50% of bonus in shares  
 Currency                                 GBP                                 
 Price                                    30.11                               
 Volume                                   6,892.00                            
 Total                                    207,518.12                          
 Aggregated information                                                       
 Volume                                   6,892.00                            
 Price                                    30.11                               
 Total                                    207,518.12                          
 Date of transaction                      26/02/2026                          
 Place of transaction                     Outside a trading venue             



 1. Details of the person discharging managerial responsibilities/person closely associated 
 First Name(s)                            Peter                               
 Last Name(s)                             Costello                            
 2. Reason for the notification                                               
 Position/status                          President, Upstream                 
 Initial notification/ amendment          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                Delivery of 25% of bonus in shares  
 Currency                                 GBP                                 
 Price                                    30.11                               
 Volume                                   3,060.00                            
 Total                                    92,136.60                           
 Aggregated information                                                       
 Volume                                   3,060.00                            
 Price                                    30.11                               
 Total                                    92,136.60                           
 Date of transaction                      26/02/2026                          
 Place of transaction                     Outside a trading venue             



 1. Details of the person discharging managerial responsibilities/person closely associated 
 First Name(s)                            Andrew                              
 Last Name(s)                             Smith                               
 2. Reason for the notification                                               
 Position/status                          President, Trading and Supply       
 Initial notification/ amendment          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                Delivery of 50% of bonus in shares  
 Currency                                 EUR                                 
 Price                                    34.57                               
 Volume                                   6,853.00                            
 Total                                    236,908.21                          
 Aggregated information                                                       
 Volume                                   6,853.00                            
 Price                                    34.57                               
 Total                                    236,908.21                          
 Date of transaction                      26/02/2026                          
 Place of transaction                     Outside a trading venue             



 1. Details of the person discharging managerial responsibilities/person closely associated 
 First Name(s)                            Rachel                                       
 Last Name(s)                             Solway                                       
 2. Reason for the notification                                                        
 Position/status                          Chief Human Resources and Corporate Officer  
 Initial notification/ amendment          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                Delivery of 50% of bonus in shares           
 Currency                                 GBP                                          
 Price                                    30.11                                        
 Volume                                   6,892.00                                     
 Total                                    207,518.12                                   
 Aggregated information                                                                
 Volume                                   6,892.00                                     
 Price                                    30.11                                        
 Total                                    207,518.12                                   
 Date of transaction                      26/02/2026                                   
 Place of transaction                     Outside a trading venue                      



 1. Details of the person discharging managerial responsibilities/person closely associated 
 First Name(s)                            Cederic                             
 Last Name(s)                             Cremers                             
 2. Reason for the notification                                               
 Position/status                          President, Integrated Gas           
 Initial notification/ amendment          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                Delivery of 50% of bonus in shares  
 Currency                                 EUR                                 
 Price                                    34.18                               
 Volume                                   5,321.00                            
 Total                                    181,871.78                          
 Aggregated information                                                       
 Volume                                   5,321.00                            
 Price                                    34.18                               
 Total                                    181,871.78                          
 Date of transaction                      25/02/2026                          
 Place of transaction                     Outside a trading venue             



 1. Details of the person discharging managerial responsibilities/person closely associated       
 First Name(s)                            Machteld                                                
 Last Name(s)                             de Haan                                                 
 2. Reason for the notification                                                                   
 Position/status                          President, Downstream, Renewables and Energy Solutions  
 Initial notification/ amendment          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                Delivery of 50% of bonus in shares                      
 Currency                                 EUR                                                     
 Price                                    34.18                                                   
 Volume                                   4,979.00                                                
 Total                                    170,182.22                                              
 Aggregated information                                                                           
 Volume                                   4,979.00                                                
 Price                                    34.18                                                   
 Total                                    170,182.22                                              
 Date of transaction                      25/02/2026                                              
 Place of transaction                     Outside a trading venue                                 



 1. Details of the person discharging managerial responsibilities/person closely associated 
 First Name(s)                            Robin                               
 Last Name(s)                             Mooldijk                            
 2. Reason for the notification                                               
 Position/status                          President, Projects & Technology    
 Initial notification/ amendment          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                Delivery of 25% of bonus in shares  
 Currency                                 EUR                                 
 Price                                    34.18                               
 Volume                                   3,648.00                            
 Total                                    124,688.64                          
 Aggregated information                                                       
 Volume                                   3,648.00                            
 Price                                    34.18                               
 Total                                    124,688.64                          
 Date of transaction                      25/02/2026                          
 Place of transaction                     Outside a trading venue