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    Director/PDMR Shareholding

    Director/PDMR Shareholding
    NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
             
    February 10, 2026        
             
    Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have been made a conditional award of performance shares of Shell plc under the Shell Share Plan 2023, subject to performance conditions determined by the Remuneration Committee and Remuneration Committee discretion, as set out below.

     
    PDMR Date Share Type Number of shares awarded  
    Wael Sawan 6 February 2026 SHEL (LSE) 165,975  
    Sinead Gorman 6 February 2026 SHEL (LSE) 98,677  
    Robin Mooldijk 6 February 2026 SHELL (AMS) 36,297  
    Philippa Bounds 6 February 2026 SHEL (LSE) 35,779  
    Peter Costello 6 February 2026 SHEL (LSE) 42,169  
    Cederic Cremers 6 February 2026 SHELL (AMS) 35,338  
    Machteld de Haan 6 February 2026 SHELL (AMS) 35,338  
    Andrew Smith 6 February 2026 SHELL (AMS) 52,443  
    Rachel Solway 6 February 2026 SHEL (LSE) 35,779  
             
    The Notification of Dealing Form for each PDMR can be found below.

     
     
             
             
    Julie Keefe        
    Deputy Company Secretary      
             
    ENQUIRIES        
             
    Shell Media Relations        
    International, UK, European Press: +44 20 7934 5550    
             


    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 Chief Executive Officer
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency GBP
    Price 27.745
    Volume 165,975
    Total 4,604,976.38
    Aggregated information  
    Volume 165,975
    Price 27.745
    Total 4,604,976.38
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Sinead
    Last Name(s) Gorman
    2. Reason for the notification
    Position/status Chief Financial Officer
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency GBP
    Price 27.745
    Volume 98,677
    Total 2,737,793.37
    Aggregated information  
    Volume 98,677
    Price 27.745
    Total 2,737,793.37
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Robin
    Last Name(s) Mooldijk
    2. Reason for the notification
    Position/status President, Projects & Technology
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency EUR
    Price 32.09
    Volume 36,297
    Total 1,164,770.73
    Aggregated information  
    Volume 36,297
    Price 32.09
    Total 1,164,770.73
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Philippa
    Last Name(s) Bounds
    2. Reason for the notification
    Position/status Chief Legal Officer
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency GBP
    Price 27.745
    Volume 35,779
    Total 992,688.36
    Aggregated information  
    Volume 35,779
    Price 27.745
    Total 992,688.36
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Peter
    Last Name(s) Costello
    2. Reason for the notification
    Position/status President, Upstream
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency GBP
    Price 27.745
    Volume 42,169
    Total 1,169,978.91
    Aggregated information  
    Volume 42,169
    Price 27.745
    Total 1,169,978.91
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Cederic
    Last Name(s) Cremers
    2. Reason for the notification
    Position/status President, Integrated Gas
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency EUR
    Price 32.09
    Volume 35,338
    Total 1,133,996.42
    Aggregated information  
    Volume 35,338
    Price 32.09
    Total 1,133,996.42
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Machteld
    Last Name(s) de Haan
    2. Reason for the notification
    Position/status President, Downstream, Renewables and Energy Solutions
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency EUR
    Price 32.09
    Volume 35,338
    Total 1,133,996.42
    Aggregated information  
    Volume 35,338
    Price 32.09
    Total 1,133,996.42
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Andrew
    Last Name(s) Smith
    2. Reason for the notification
    Position/status President, Trading and Supply
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency EUR
    Price 32.09
    Volume 52,443
    Total 1,682,895.87
    Aggregated information  
    Volume 52,443
    Price 32.09
    Total 1,682,895.87
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue


    1. Details of the person discharging managerial responsibilities/person closely associated
    First Name(s) Rachel
    Last Name(s) Solway
    2. Reason for the notification
    Position/status Chief Human Resources and Corporate Officer
    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 Conditional award of performance shares of Shell plc under the Shell Share Plan 2023
    Currency GBP
    Price 27.745
    Volume 35,779
    Total 992,688.36
    Aggregated information  
    Volume 35,779
    Price 27.745
    Total 992,688.36
    Date of transaction 06/02/2026
    Place of transaction Outside a trading venue





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    Director/PDMR Shareholding NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES     February 10, 2026         Shell plc announces that each of the …

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