Director/PDMR Shareholding

Rhea-AI Summary

Shell plc has announced that Wael Sawan, the Integrated Gas, Renewables and Energy Solutions Director, received 9,386 shares as part of his compensation. This award represents 50% of his annual bonus and was granted on October 28, 2022, with shares priced at €28.125 each. The shares have a mandatory three-year holding period that applies even after the PDMR leaves the company. This disclosure complies with the EU Market Abuse Regulation. Detailed information regarding Shell's Directors’ Remuneration Policy is accessible via their annual report.

Positive

• PDMR Wael Sawan received 9,386 shares, enhancing shareholder confidence in management's commitment.
• The share award aligns with Shell's remuneration strategies, tying performance to shareholder interests.

Negative

• None.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES

November 1, 2022

Shell plc announces that the following Person Discharging Managerial Responsibilities (“PDMR”) has received the number of shares as set out below. 50% of the PDMR’s annual bonus is delivered in cash and 50% is delivered in shares. Shares are subject to a three-year holding period, which continues to apply after the PDMR has left employment.

The Directors’ Remuneration Policy can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2021 (www.shell.com/annualreport).

PDMR	DATE OF AWARD	SHARE TYPE	NUMBER OF SHARES AWARDED
Wael Sawan	October 28, 2022	SHELL (AMS)	9,386

The Notification of Dealing Form can be found below.

This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

Anthony Clarke                                
Deputy Company Secretary                        
                                
ENQUIRIES                                
                                
Shell Media Relations                                
International, UK, European Press: +44 20 7934 5550                
                        
                                
LEI number of Shell plc: 21380068P1DRHMJ8KU70        
Classification: Additional regulated information required to be disclosed under the laws of a Member State.

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	Integrated Gas, Renewables and Energy Solutions Director
Initial notification/ amendment	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	Delivery of 50% of bonus in shares
Currency	EUR
Price	28.125
Volume	9,386
Total	263,981.25
Aggregated information Volume Price Total	9,386 28.125 263,981.25
Date of transaction	October 28, 2022
Place of transaction	Outside a trading venue

FAQ

What recent stock transaction was reported for SHEL on November 1, 2022?

SHEL reported that Wael Sawan received 9,386 shares as part of his annual bonus, effective October 28, 2022.

What is the share price for SHEL related to the recent transaction?

The shares awarded to Wael Sawan were priced at €28.125 each.

What percentage of Wael Sawan's bonus was awarded in shares for SHEL?

50% of Wael Sawan's annual bonus was delivered in shares.