Shell acquisitions, on the record

Word for word“February 2022 Shell completed the acquisition of Powershop in Australia an online energy retailer serving more than 185,000 customers.” 20-F for 2022

Word for word“June 2022 Shell completed the acquisition of the Landmark fuel and convenience network which provides opportunities to offer customers expanded fuelling options (including electric vehicle charging, hydrogen, biofuels and lower-carbon premium fuels) and allows for the growth of non-fuel sales through an enhanced convenience offering.” 20-F for 2022

Word for word“August 2022 Shell completed the acquisition of Solenergi Power Private Limited and with it the Sprng Energy group, one of India’s leading renewable power platforms that develops and manages renewable energy facilities and infrastructure assets.” 20-F for 2022

Word for word“▪ In February 2023, we completed the acquisition of 100% of the shares of Nature Energy Biogas A/S for nearly $2 billion.” 20-F for 2022

Word for word“In September 2022, Shell acquired Daystar Power, a provider of integrated solar power solutions to businesses in West Africa, helping customers reduce power costs and pollution.” 20-F for 2022

Word for word“In November 2022, Shell completed the acquisition of a 100% interest in Corallian Energy Limited.” 20-F for 2022

Word for word“▪ In December 2022, we completed the acquisition of the Environmentally Considerate Lubricants (ECLs) business of the PANOLIN Group.” 20-F for 2022

Word for word“We continued to divest assets during 2022, including: ▪ In Malaysia, in December 2022, we agreed to sell our stake in two offshore production sharing contracts (PSCs) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn.” 20-F for 2022

Word for word“On February 22, 2023, Shell completed the sale of its 50% interest in the CJSC Khanty-Mansiysk Petroleum Alliance to a subsidiary of GazpromNeft (GPN); and ￮ On March 3, 2023, Shell completed the sale of its 50% interest in Salym Petroleum Development LLC to a subsidiary of GPN.” 20-F for 2023

Word for word“On February 22, 2023, Shell completed the sale of its 50% interest in the CJSC Khanty-Mansiysk Petroleum Alliance to a subsidiary of GazpromNeft (GPN); and ￮ On March 3, 2023, Shell completed the sale of its 50% interest in Salym Petroleum Development LLC to a subsidiary of GPN.” 20-F for 2023

Word for word“To support this, we acquired Volta Inc. in 2023 and now own and operate one of the largest public electric vehicle charging networks in the USA.” 20-F for 2023

Word for word“In November 2023, we divested our retail businesses in the UK and Germany to Octopus Energy, and we are winding down the business in the Netherlands.” 20-F for 2023

Word for word“In June 2024, we agreed to acquire 100% of the shares in Singapore-based Pavilion Energy Pte. Ltd. from Carne Investments Pte.” 20-F for 2024

Word for word“In February 2025, we signed an agreement to acquire a 15.96% working interest from ConocoPhillips Company (COP) in the Shell-operated Ursa platform in the Gulf of America.” 20-F for 2024

Word for word“On July 18, 2024, NAM signed an agreement to divest OneGas East, its offshore asset in the Dutch North Sea, to Tenaz Energy.” 20-F for 2024

Word for word“In July 2024, Shell signed an agreement with RockRose Energy Limited, a subsidiary of Viaro Energy, to divest its equity stake in 11 gas fields and one exploration prospect in the UK Southern North Sea, as well as the onshore gas processing terminal in Bacton, England.” 20-F for 2024

Word for word“In October 2024, we signed an agreement to acquire RISEC Holdings, which owns a 609 MW two-unit combined-cycle gas turbine power plant in Rhode Island, USA.” 20-F for 2024

Word for word“In January 2024, our Savion subsidiary completed the sale of its 50% interest in the Madison Fields 180 MW solar development in Ohio, USA, to InfraRed Capital Partners.” 20-F for 2024

Word for word“In March 2024, we sold our 50% interest in SouthCoast Wind, a joint venture established to develop wind projects off the coast of Massachusetts, USA, to our partner, Ocean Winds.” 20-F for 2024

Word for word“In 2024, we signed a Sales and Purchase Agreement (SPA) with Touchstone Exploration Trinidad Limited for the sale of our interest in the Central Block facility.” 20-F for 2024

Word for word“In June 2025, we completed the acquisition of Raj Petro Specialities Pvt Ltd from the Brenntag Group.” 20-F for 2025

Word for word“In June 2025, we completed the divestment of 100% Shell interest in Inspire Energy Capital, LLC, a B2C energy business in the USA, to Rhythm Energy, Inc.” 20-F for 2025

Word for word“In November 2025, we completed the sale of our 49% interest in Cleantech Renewable Assets Pte Ltd to our joint-venture partner Keppel Ltd.” 20-F for 2025

Word for word“In May 2025, we agreed to transfer ownership of our Indonesia mobility business to a joint venture between Citadel Pacific Limited and Sefas Group [A], and we signed an agreement to sell our Mexico mobility sites [A].” 20-F for 2025

Word for word“In December 2025, we and Equinor ASA completed a deal to combine our UK offshore oil and gas operations to form a new company Adura, which is a 50:50 joint venture.” 20-F for 2025