Shell plc continues share purchaseback on Dec. 23, 2025

Shell (SHEL) purchased and cancelled a total of 1,456,156 shares on 23 December 2025 as part of its ongoing purchase‑back programme announced on 30 October 2025.

Breakdown by venue: 730,152 shares on LSE at a volume‑weighted average price of GBP 27.0175, and 726,004 shares on XAMS at a volume‑weighted average price of EUR 31.0027. Merrill Lynch International will continue to create indepfinishent trading decisions for the programme through 30 January 2026. The programme is conducted under applicable UK and EU MAR rules and relevant Listing Rules.

Positive

Total cancellation of 1,456,156 shares on 23 December 2025

Buyback executed across LSE and XAMS with VWAPs GBP 27.0175 and EUR 31.0027

12/23/2025 – 12:13 PM

Transaction in Own Shares

23 December, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 23 December, 2025 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
23/12/2025	730,152	27.0700	26.8650	27.0175	LSE	GBP
23/12/2025	–	–	–	–	Chi-X (CXE)	GBP
23/12/2025	–	–	–	–	BATS (BXE)	GBP
23/12/2025	726,004	31.0750	30.8900	31.0027	XAMS	EUR
23/12/2025	–	–	–	–	CBOE DXE	EUR
23/12/2025	–	–	–	–	TQEX	EUR

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

In respect of this programme, Merrill Lynch International will create trading decisions in relation to the securities indepfinishently 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 purchaseback 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 Abapply Regulation 596/2014/EU dealing with purchase-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the finish of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amfinished by the European Union (Withdrawal Agreement) Act 2020), and as amfinished, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abapply (Amfinishment) (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 finish of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amfinished by the European Union (Withdrawal Agreement) Act 2020), and as amfinished, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abapply (Amfinishment) (EU Exit) Regulations (SI 2019/310)), from time to time.

In accordance with EU MAR and UK MAR, a breakdown of the individual trades created by Merrill Lynch International on behalf of the Company as a part of the purchase-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