REG-Transaction in Own Shares

ShellAnnouncement

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Transaction in Own Shares   

09 January, 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 09 January, 2026 it purchased
the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

 Date of purchase  Number of Shares purchased  Highest price paid  Lowest price paid  Volume weighted average price paid per share  Venue        Currency  
 09/01/2026        953,773                     26.5750             25.8950            26.3073                                       LSE          GBP       
 09/01/2026        102,065                     26.5500             26.3050            26.4896                                       Chi-X (CXE)  GBP       
 09/01/2026        -                           -                   -                  -                                             BATS (BXE)   GBP       
 09/01/2026        1,018,727                   30.7200             29.9750            30.4016                                       XAMS         EUR       
 09/01/2026        15,368                      30.5000             30.4050            30.4383                                       CBOE DXE     EUR       
 09/01/2026        -                           -                   -                  -                                             TQEX         EUR       

These share purchases form part of the on- and off-market limbs of the
Company's existing share buy-back programme previously announced on 30 October
2025.

In respect of this programme, Merrill Lynch International will make trading
decisions in relation to the securities independently of the Company for a
period from 30 October 2025 up to and including 30 January 2026.

The on-market limb will be effected within certain pre-set parameters and in
accordance with the Company’s general authority to repurchase shares
on-market. The off-market limb will be effected in accordance with the
Company’s general authority to repurchase shares off-market pursuant to the
off-market buyback contract approved by its shareholders and the pre-set
parameters set out therein. The programme will be conducted in accordance with
Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation
596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as
“onshored” into UK law from the end of the Brexit transition period (at
11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018
(as amended by the European Union (Withdrawal Agreement) Act 2020), and as
amended, supplemented, restated, novated, substituted or replaced by the
Financial Services Act, 2021 and relevant statutory instruments (including,
The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time
to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052
(the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as
“onshored” into UK law from the end of the Brexit transition period (at
11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018
(as amended by the European Union (Withdrawal Agreement) Act 2020), and as
amended, supplemented, restated, novated, substituted or replaced by the
Financial Services Act, 2021 and relevant statutory instruments (including,
The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time
to time.

In accordance with EU MAR and UK MAR, a breakdown of the individual trades
made by Merrill Lynch International on behalf of the Company as a part of the
buy-back programme is detailed below.

Enquiries

Media: International +44 (0) 207 934 5550; U.S. and Canada:
https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html

Attachment
*     2026.01.09 Shell RNS (with fills)
(https://ml-eu.globenewswire.com/Resource/Download/93f01359-e58f-49ad-834b-d8a417ead616)