GlobeNewswire Inc | Jan 28, 2022 12:12PM EST

January 28, 2022

Transaction in Own Shares 28 January 2022 ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Shell plc (the ?Company?) announces that on 28 January 2022 it purchased thefollowing number of 'B' Shares for cancellation. Aggregated information on ?B? shares purchased according to trading venues: Highest Lowest Volume weighted averageDate of Number of ?B? price paid price price paid per sharepurchase shares purchased paid Venue (GBP) (GBP) (GBP)28/01/ 136,550 19.166 18.788 18.923 LSE 2022

These share purchases form part of the Company's share buy-back arrangement previously announced on 02 December 2021.

In respect of this arrangement, BNP Paribas Exane will make trading decisions in relation to the Companys securities independently of the Company for a period from 02 December 2021 up to and including 28 January 2022.

Any such share purchases will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares, Chapter 12 of the 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 (on 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 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 (EU MAR Delegation Regulation) and EU MAR Delegated Regulation as onshored into UK law from the end of the Brexit transition period (on 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 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 full breakdown of the individual trades made by BNP Paribas Exane on behalf of the Company as a part of the buy-back arrangement is detailed below.

Enquiries Media International: +44 (0) 207 934 5550 Media Americas: +1 832 337 4355

LEI number of Shell plc: 21380068P1DRHMJ8KU70

Classification: Acquisition or disposal of the issuers own shares

Attachment

-- RNS Report SHELL 2022 01 28