Transaction in Own Shares

Rhea-AI Summary

Shell (SHEL) announces that on 21 October 2025 it purchased shares for cancellation under its existing buy-back programme announced on 31 July 2025. Aggregated purchases across trading venues total 1,559,953 shares bought on 21/10/2025.

Purchases were executed on multiple venues in GBP and EUR with reported volume-weighted average prices of approximately £27.21 per share on LSE/Chi-X/BATS and €31.43 per share on XAMS/CBOE DXE. HSBC Bank plc is making trading decisions independently on behalf of the company through 24 October 2025. Transactions form part of on- and off-market limbs and will be conducted in accordance with UK MAR and EU MAR requirements.

Positive

• 1,559,953 shares purchased for cancellation on 21 October 2025
• Buy-back executed across multiple venues (LSE, Chi-X, BATS, XAMS, CBOE DXE)
• VWAPs recorded at ~£27.21 (GBP venues) and ~€31.43 (EUR venues)

Negative

• None.

Insights

Capital Markets Analyst

Shell executed on-market and off-market repurchases across multiple venues under its buy-back programme announced 31/07/2025.

The Company bought shares on 21/10/2025 via LSE, Chi-X (CXE), BATS (BXE), XAMS and CBOE DXE at reported volume-weighted average prices such as £27.2154 and €31.4294. These purchases form part of the previously disclosed buy-back programme and were executed within the stated legal framework and pre-set parameters, with HSBC Bank plc making independent trading decisions through 24/10/2025.

The action reduces outstanding share count under the programme and reflects active use of authorised capacity; its near-term effect depends on the remaining programme size and cadence of future trades, neither of which are quantified here. Watch for further daily breakdowns while the programme continues and any company updates on the aggregate repurchase progress by the programme end date 24/10/2025.

Transaction in Own Shares   

21 October, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 21 October, 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
21/10/2025	389,313	£27.3350	£27.0700	£27.2154	LSE	GBP
21/10/2025	174,554	£27.3350	£27.0700	£27.2175	Chi-X (CXE)	GBP
21/10/2025	226,133	£27.3350	£27.0700	£27.2056	BATS (BXE)	GBP
21/10/2025	475,265	€31.5700	€31.2600	€31.4294	XAMS	EUR
21/10/2025	294,688	€31.5700	€31.2550	€31.4228	CBOE DXE	EUR
21/10/2025	-	-	-	-	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 31 July 2025.

In respect of this programme, HSBC Bank plc will make trading decisions in relation to the securities independently of the Company for a period from 31 July 2025 up to and including 24 October 2025.

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 HSBC Bank plc 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

LEI number of Shell plc: 21380068P1DRHMJ8KU70

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

Attachment

• Shell RNS (Extended) 20251021

FAQ

How many Shell (SHEL) shares were purchased for cancellation on 21 October 2025?

Shell purchased a total of 1,559,953 shares for cancellation on 21 October 2025.

What was the average price Shell (SHEL) paid per share on 21 October 2025?

Reported volume-weighted average prices were about £27.21 on GBP venues and €31.43 on EUR venues.

Which trading venues executed Shell (SHEL) buy-back trades on 21 October 2025?

Trades were executed on LSE, Chi-X (CXE), BATS (BXE), XAMS and CBOE DXE (TQEX showed no trades).

Is the 21 October 2025 buy-back part of an existing Shell (SHEL) programme?

Yes. The purchases form part of the on- and off-market limbs of the buy-back programme announced on 31 July 2025.

Who made trading decisions for Shell (SHEL) buy-backs and until when?

HSBC Bank plc made trading decisions independently on behalf of Shell for the period up to and including 24 October 2025.

Were the 21 October 2025 buy-back trades compliant with market rules for Shell (SHEL)?

Yes. The programme and trades were conducted in accordance with Chapter 9 of the UK Listing Rules and UK/EU MAR provisions referenced in the announcement.