Transaction in Own Shares

Rhea-AI Summary

Shell plc (SHEL), a multinational oil and gas company, announced the purchase of 355,618 shares on December 14, 2023, as part of its existing share buy-back program. The shares were purchased at prices ranging from £25.1550 to £29.8300 per share, with a volume-weighted average price of £25.2357 to €29.7299 per share, on various trading venues. Goldman Sachs International will independently make trading decisions for this program until January 26, 2024, in compliance with the EU MAR and UK MAR regulations.

Transaction in Own Shares

December 14, 2023

• • • • • • • • • • • • • • • •

Shell plc (the 'Company') announces that on 14 December 2023 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
14/12/2023	55,618	£ 25.3300	£ 25.1550	£ 25.2357	LSE	GBP
14/12/2023	-	-	-	-	Chi-X (CXE)	GBP
14/12/2023	-	-	-	-	BATS (BXE)	GBP
14/12/2023	198,619	€ 29.8300	€ 29.6350	€ 29.7299	XAMS	EUR
14/12/2023	-	-	-	-	CBOE DXE	EUR
14/12/2023	-	-	-	-	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 2 November 2023.

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 2 November 2023 up to and including 26 January 2024.

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 12 of the 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

Media Americas: +1 832 337 4335

LEI number of Shell plc: 21380068P1DRHMJ8KU70

Classification: Acquisition or disposal of the issuer's own shares

Attachment

• 20231214_Shell RNS - full version

FAQ

What did Shell plc (SHEL) announce on December 14, 2023?

Shell plc announced the purchase of 355,618 shares as part of its existing share buy-back program.

How many shares did Shell plc (SHEL) purchase?

Shell plc purchased 355,618 shares on December 14, 2023.

What is the volume-weighted average price paid per share by Shell plc (SHEL)?

The volume-weighted average price paid per share by Shell plc ranged from £25.2357 to €29.7299.

Who will make trading decisions for Shell plc's (SHEL) share buy-back program?

Goldman Sachs International will independently make trading decisions for Shell plc's share buy-back program until January 26, 2024.

In what currency were the shares purchased by Shell plc (SHEL)?

The shares were purchased in GBP and EUR currencies.

What regulations govern Shell plc's (SHEL) share buy-back program?

The share buy-back program is conducted in compliance with EU MAR and UK MAR regulations.

What is the LEI number of Shell plc (SHEL)?

The LEI number of Shell plc is 21380068P1DRHMJ8KU70.