Director/PDMR Shareholding | SHEL Stock News

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES December 24, 2025 Shell plc (the "Company") has been notified that following the payment of the interim dividend on December 18, 2025 in respect of the third quarter of 2025, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2024 (www.shell.com/annualreport). PDMRDate AcquiredShare TypeNumber of dividend shares acquiredPurchase price per ShareWael Sawan22 December 2025SHELL (AMS) 3,054.9554 EUR 31.0198 Wael Sawan22 December 2025SHEL (LSE) 656.18285 GBP 27.05954 Sinead Gorman22 December 2025SHEL (LSE) 2,145.9574 GBP 27.05954 Philippa Bounds22 December 2025SHELL (AMS) 0.00593 EUR 31.0198 Philippa Bounds22 December 2025SHEL (LSE) 307.48192 GBP 27.05954 Peter Costello22 December 2025SHELL (AMS) 30.33224 EUR 31.0198 Peter Costello22 December 2025SHEL (LSE) 1,007.40788 GBP 27.05954 Cederic Cremers22 December 2025SHELL (AMS) 337.96228 EUR 31.0198 Machteld de Haan22 December 2025SHELL (AMS) 291.35253 EUR 31.0198 Machteld de Haan22 December 2025SHEL ADS (NYSE) 21.62565 USD 72.97 Robertus Mooldijk22 December 2025SHELL (AMS) 703.89909 EUR 31.0198 Andrew Smith22 December 2025SHELL (AMS) 420.71812 EUR 31.0198 Rachel Solway22 December 2025SHEL (LSE) 84.59008 GBP 27.05954 The Notification of Dealing Form for each PDMR can be found below. Julie Keefe Deputy Company Secretary 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 1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)WaelLast Name(s)Sawan2. Reason for the notificationPosition/statusChief Executive OfficerInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume3,054.9554Total94,764.11Aggregated information Volume 3,054.9554Price31.0198Total94,764.11Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)WaelLast Name(s)Sawan2. Reason for the notificationPosition/statusChief Executive OfficerInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyGBPPrice27.05954Volume656.18285Total17,756.01Aggregated information Volume 656.18285Price27.05954Total17,756.01Date of transaction 22/12/2025Place of transactionLondon1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)SineadLast Name(s)Gorman2. Reason for the notificationPosition/statusChief Financial OfficerInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyGBPPrice27.05954Volume2,145.9574Total58,068.62Aggregated information Volume 2,145.9574Price27.05954Total58,068.62Date of transaction 22/12/2025Place of transactionLondon1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)PhilippaLast Name(s)Bounds2. Reason for the notificationPosition/statusChief Legal OfficerInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume0.00593Total0.18Aggregated information Volume 0.00593Price31.0198Total0.18Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)PhilippaLast Name(s)Bounds2. Reason for the notificationPosition/statusChief Legal OfficerInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyGBPPrice27.05954Volume307.48192Total8,320.32Aggregated information Volume 307.48192Price27.05954Total8,320.32Date of transaction 22/12/2025Place of transactionLondon1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)PeterLast Name(s)Costello2. Reason for the notificationPosition/statusPresident, UpstreamInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume30.33224Total940.90Aggregated information Volume 30.33224Price31.0198Total940.90Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)PeterLast Name(s)Costello2. Reason for the notificationPosition/statusPresident, UpstreamInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyGBPPrice27.05954Volume1,007.40788Total27,259.99Aggregated information Volume 1,007.40788Price27.05954Total27,259.99Date of transaction 22/12/2025Place of transactionLondon1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)CedericLast Name(s)Cremers2. Reason for the notificationPosition/statusPresident, Integrated GasInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume337.96228Total10,483.52Aggregated information Volume 337.96228Price31.0198Total10,483.52Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)MachteldLast Name(s)De Haan2. Reason for the notificationPosition/statusPresident, Downstream, Renewables and Energy SolutionsInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume291.35253Total9,037.70Aggregated information Volume 291.35253Price31.0198Total9,037.70Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)MachteldLast Name(s)De Haan2. Reason for the notificationPosition/statusPresident, Downstream, Renewables and Energy SolutionsInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentAmerican Depository Shares (SHEL)Identification CodeUS7802593050Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyUSDPrice72.97Volume21.62565Total1,578.02Aggregated information Volume 21.62565Price72.97Total1,578.02Date of transaction 22/12/2025Place of transactionNew York1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)RobertusLast Name(s)Mooldijk2. Reason for the notificationPosition/statusPresident, Projects and TechnologyInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume703.89909Total21,834.81Aggregated information Volume 703.89909Price31.0198Total21,834.81Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)AndrewLast Name(s)Smith2. Reason for the notificationPosition/statusPresident, Trading and SupplyInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyEURPrice31.0198Volume420.71812Total13,050.59Aggregated information Volume 420.71812Price31.0198Total13,050.59Date of transaction 22/12/2025Place of transactionAmsterdam1. Details of the person discharging managerial responsibilities/person closely associatedFirst Name(s)RachelLast Name(s)Solway2. Reason for the notificationPosition/statusChief Human Resources & Corporate OfficerInitial notification/ amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorFull name of the entityShell plcLegal Entity Identifier code21380068P1DRHMJ8KU704. 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 conductedDescription of the financial instrumentOrdinary shares of €0.07 eachIdentification CodeGB00BP6MXD84Nature of the transactionDividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account.CurrencyGBPPrice27.05954Volume84.59008Total2,288.97Aggregated information Volume 84.59008Price27.05954Total2,288.97Date of transaction 22/12/2025Place of transactionLondon