REG-Transaction in Own Shares

ShellAnnouncement

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Transaction in Own Shares   

26 February 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 26 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  
 26/02/2026        351,022                     30.3250             29.7650            30.0762                                       LSE          GBP       
 26/02/2026        200,487                     30.3250             29.7500            30.0807                                       Chi-X (CXE)  GBP       
 26/02/2026        69,215                      30.3200             29.7500            30.0690                                       BATS (BXE)   GBP       
 26/02/2026        377,972                     34.8000             34.1600            34.5306                                       XAMS         EUR       
 26/02/2026        246,180                     34.7800             34.1600            34.5158                                       CBOE DXE     EUR       
 26/02/2026        42,144                      34.7850             34.1650            34.5238                                       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_2026-02-26
(https://ml-eu.globenewswire.com/Resource/Download/1b9cfcb9-82da-4774-8e7d-2fffe066d9c3)