Shell plc purchases shares for cancellation as part of its buy-back program

Shell plc announced on August 31, 2026, that it had purchased a specific number of its own shares for cancellation as part of its ongoing share buy-back program. The purchases were executed through both on-market and off-market transactions, adhering to pre-established parameters and regulatory guidelines.

The company’s share repurchase program, previously announced on July 30, 2026, is being managed by Goldman Sachs International. The on-market limb of the buy-back program will operate within set parameters, while the off-market limb will follow the terms of a shareholder-approved off-market buyback contract. These transactions are being conducted in compliance with the UK Listing Rules, Article 5 of the Market Abuse Regulation 596/2014/EU, and the relevant statutory instruments, including the Market Abuse (Amendment) (EU Exit) Regulations.

The purchases made by Goldman Sachs International on behalf of Shell plc are detailed in the following breakdown:

- On-Market Trades: Executed within pre-set parameters and in accordance with the company's general authority to repurchase shares on the market. - Off-Market Trades: Conducted in line with the terms of the off-market buyback contract approved by shareholders and the pre-set parameters set out therein.

Shell plc’s share buy-back program is subject to the provisions of Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU, both of which have been "onshored" into UK law from the end of the Brexit transition period on December 31, 2020. The program will continue to comply with these regulations as they are amended, supplemented, or replaced.

In summary, Shell plc has completed additional share repurchases as part of its ongoing buy-back program, ensuring that all transactions are conducted in accordance with regulatory requirements.