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The following is an update to the second quarter 2025 outlook and gives an overview of current expectations for the second quarter.

Shell plc filed amendments to its Form 20-Fs for the year ended December 31, 2023 and December 31, 2024, (“2023/24 Form 20-F/As”), with the US Securities and Exchange Commission on July 2, 2025.

London&�Բ�����;−&�Բ�����;Ernst & Young LLP ("EY") has advised Shell plc that, for the years ended December 31, 2023 and 2024, EY was not in compliance with the SEC auditor independence rules. As a result, Shell plc will today file an amendment to its filed Form 20-Fs for those years with new US audit opinions issued by EY. The financial statements for 2023 and 2024 remain unchanged. The EY audit opinions remain unqualified.

Calgary, AB, Canada - Shell Canada Energy, an affiliate of Shell plc (“Shell”), announced that the first cargo of liquefied natural gas (LNG) has left the LNG Canada facility on the west coast of Canada. At 40%, Shell has the largest working interest in the LNG Canada joint venture. Located in Kitimat, British Columbia, the facility will export LNG from two processing units or “trains” with total capacity of 14 million tonnes per annum (mtpa).

In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer.

The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2025 interim dividend, which was announced on May 2, 2025 at US$0.358 per ordinary share.

London&�Բ�����;−&�Բ�����;Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, signed an agreement with TotalEnergies EP Nigeria Limited on May 28 to acquire its 12.5% stake in the OML 118 Production Sharing Contract (OML 118 PSC), an oil mining lease offshore Nigeria that includes the Bonga field. Upon completion, this transaction increases Shell’s interest in the OML 118 PSC from 55% to 67.5%.

London - On Thursday July 31^st, 2025 at 07:00 BST (08:00 CEST and 02:00 EDT) Shell plc will release its second quarter results and second quarter interim dividend announcement for 2025.

Rio de Janeiro − Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil.

Today, Shell publishes its 2024 Payments to Governments Report.

On Friday May 2ⁿᵈ 2025 at 07:00 BST (08:00 CEST and 02:00 EDT) Shell plc released its first quarter results and first quarter interim dividend announcement for 2025.

Houston − Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America from 45.3884% to 61.3484%.

The following is an update to the first quarter 2025 outlook and gives an overview of current expectations for the first quarter.

Houston&�Բ�����;−&�Բ�����;Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc (“Shell”), has agreed to sell its 16.125% interest in Colonial Enterprises, Inc. (“Colonial”) to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P. and its institutional partners (collectively, “Brookfield”), for $1.45 billion.

Singapore - Shell Singapore Pte Ltd (SSPL), a subsidiary of Shell plc, has successfully completed the previously announced sale of its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd. (CAPGC), a joint venture between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings Pte. Ltd.

Singapore - Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has completed the previously announced acquisition of 100% of the shares in Pavilion Energy Pte. Ltd.

Shell (LON/NYSE: SHEL, AMST: SHELL) will today present to investors at its Capital Markets Day 2025 the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.

Shell plc published its �鶹��ý Report and Accounts for the year ended December 31, 2024 (“2024 �鶹��ý Report and Accounts”).

Shell plc filed its Form 20-F for the year ended December 31, 2024, (“2024 Form 20-F”), with the US Securities and Exchange Commission on March 25, 2025.

Rio de Janeiro, Brazil – Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.

London–Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16 January 2024.

The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2024 interim dividend, which was announced on January 30, 2025 at US$0.358 per ordinary share.

London–In line with its ongoing transformation, Shell announces further changes to its Executive Committee and leadership structure to support its strategy to deliver more value with less emissions.

London - On Friday May 2^nd, 2025 at 07:00 BST (08:00 CEST and 02:00 EDT) Shell plc will release its first quarter results and first quarter interim dividend announcement for 2025.

London – Global demand for liquefied natural gas (LNG) is forecast to rise by around 60% by 2040, largely driven by economic growth in Asia, emissions reductions in heavy industry and transport as well as the impact of artificial intelligence, according to Shell’s LNG Outlook 2025.

Houston - Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have signed an agreement to increase their stake in the Ursa platform in the Gulf of America.

London − Shell has restarted production at the �鶹��ý field in the �鶹��ý North Sea with a modern floating, production, storage and offloading (FPSO) facility (Shell 50%, operator; NEO Energy 50%). The previous export route for this field was via the Brent Charlie platform, which ceased production in 2021 and is being decommissioned.

On Thursday January 30^th 2025 at 07:00 GMT (08:00 CET and 02:00 EST) Shell plc released its fourth quarter results and fourth quarter interim dividend announcement for 2024.

Houston− Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has completed the previously announced 100% equity stake acquisition of RISEC Holdings, LLC (RISEC), which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA.

London–Huibert Vigeveno, Downstream, Renewables and Energy Solutions Director, and a member of the Executive Committee since 1 January 2020, will step down after 30 years of distinguished service, effective 31 March 2025, to pursue other opportunities.

Beijing – CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd, has taken a final investment decision to expand its petrochemical complex in Daya Bay, Huizhou, south China. 

Houston&�Բ�����;−&�Բ�����;Shell Offshore Inc. (Shell), a subsidiary of Shell plc, announced that production has started at the Shell-operated Whale floating production facility in the Gulf of Mexico.

The following is an update to the fourth quarter 2024 outlook and gives an overview of current expectations for the fourth quarter.