REG-Transaction in Own Shares

ShellAnnouncement

Mon 17:45

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Transaction in Own Shares   

23 February 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 23 February 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  
 23/02/2026        287,598                     29.8950             29.2250            29.5369                                       LSE          GBP       
 23/02/2026        150,977                     29.8950             29.2250            29.5407                                       Chi-X (CXE)  GBP       
 23/02/2026        62,988                      29.8950             29.2250            29.5352                                       BATS (BXE)   GBP       
 23/02/2026        298,023                     34.2600             33.4750            33.8417                                       XAMS         EUR       
 23/02/2026        192,522                     34.2500             33.4750            33.8470                                       CBOE DXE     EUR       
 23/02/2026        36,211                      34.2500             33.5050            33.8680                                       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 05
February 2026.

In respect of this programme, Morgan Stanley & Co. International Plc will make
trading decisions in relation to the securities independently of the Company
for a period from 05 February 2026 up to and including 01 May 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 Morgan Stanley & Co. International 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

Attachment
*     Shell_PDF_2026-02-23
(https://ml-eu.globenewswire.com/Resource/Download/f39ab547-3d28-4f23-a43c-572456f06724)