REG-Transaction in Own Shares

ShellAnnouncement

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Transaction in Own Shares   

07 May, 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 07 May, 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  
 07/05/2026        1,000,000                   £ 31.6200           £ 30.9450          £ 31.2733                                     LSE          GBP       
 07/05/2026        230,000                     £ 31.6200           £ 30.9500          £ 31.2774                                     Chi-X (CXE)  GBP       
 07/05/2026        -                           -                   -                  -                                             BATS (BXE)   GBP       

These share purchases form part of the Company's share buy-back programme
previously announced on 07 May 2026.

In respect of this programme, Goldman Sachs International will make trading
decisions in relation to the securities independently of the Company for a
period from 07 May 2026 up to and including 24 July 2026.

Any such share purchases will be effected within certain pre-set parameters
and in accordance with the Company’s general authority to repurchase shares.
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 Goldman Sachs 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
*     20260507_Shell RNS - full version
(https://ml-eu.globenewswire.com/Resource/Download/92976e38-2e9e-4265-b3d7-81d0717b91ac)