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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
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November 3, 2025
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Shell plc (the “Company”) announces that on October 31, 2025:
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a) Wael Sawan, a Person Discharging Managerial Responsibilities (“PDMR”) has elected to participate in a Dividend Reinvestment Plan (“DRIP”) and reinvest future dividend payments on his shareholdings in a Computershare Share Plan Account. As at October 31, 2025, Wael Sawan held 374,808.246425 ordinary shares of €0.07 each in the Company in his Computershare Share Plan Account.
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b) Philippa Bounds, a PDMR has sold 5,973 ordinary shares of €0.07 each in the Company.
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The Notification of Dealing Form for each PDMR can be found below.
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| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Wael |
| Last Name(s) | Sawan |
| 2. Reason for the notification | |
| Position/status | Chief Executive Officer |
| Initial notification/amendments | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s) section to be repeated for (i) each type of instrument, (ii) each type of transaction, (iii) each date, (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Participation in a DRIP to reinvest future dividend payments on shareholdings in a Computershare Share Plan Account. As at October 31, 2025, Wael Sawan held 374,808.246425 ordinary shares in his Computershare Share Plan Account. |
| Currency | N/A |
| Price | N/A |
| Volume | N/A |
| Total | N/A |
| Aggregated information Volume Price Total | N/A |
| Date of transaction | October 31, 2025 |
| Place of transaction | Outside trading venue |
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| 1. Details of the person discharging managerial responsibilities/person closely associated | |
| First Name(s) | Philippa |
| Last Name(s) | Bounds |
| 2. Reason for the notification | |
| Position/status | Chief Legal Officer |
| Initial notification/amendments | Initial notification |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| Full name of the entity | Shell plc |
| Legal Entity Identifier code | 21380068P1DRHMJ8KU70 |
| 4. Details of the transaction(s) section to be repeated for (i) each type of instrument, (ii) each type of transaction, (iii) each date, (iv) each place where transactions have been conducted | |
| Description of the financial instrument | Ordinary shares with a nominal value of €0.07 each |
| Identification Code | GB00BP6MXD84 |
| Nature of the transaction | Disposal of ordinary shares |
| Currency | GBP |
| Price | £28.34 |
| Volume | 5,973 |
| Total | £169,274.82 |
| Aggregated information: | |
| Price | £28.34 |
| Volume | 5,973 |
| Total | £169,274.82 |
| Date of transaction | October 31, 2025 |
| Place of transaction | London |
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Julie Keefe
Deputy Company Secretary
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ENQUIRIES
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English (US)