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Source document· December 4, 2025

Shell plc Announces Final Results of Exchange Offers

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Shell plc Announces Final Results of Exchange Offers Press Release December 4, 2025 Shell plc Announces Final Results of Exchange Offers Shell plc (“Shell”) (LSE: SHEL) (NYSE: SHEL) (AEX: SHELL) today announces the final results of its previously announced offers to exchange (the “Exchange Offers” and each, an “Exchang…

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Risk factors include crude oil/natural gas price fluctuations, currency fluctuations, drilling/production results, reserves estimates, climate change/environmental risks, developing country/sanctions risks, Russia-Ukraine war, Middle East conflict impacts, cyber security/data privacy risks, energy transition pace, and regulatory measures on climate change
80% confidence
The purpose of the exchange offers is to migrate debt from Shell International Finance and BGEC to Shell Finance US to optimize capital structure and align indebtedness with U.S. business
80% confidence
Shell Finance US and Shell must file SEC registration statement within 365 days of settlement for exchange offer under the Registration Rights Agreement
80% confidence