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Shell Low Carbon Solutions

Heavy transport and industry form the building blocks for global society and commerce but are hard-to-decarbonise. The proven decarbonisation solutions they need come with commercial and technical challenges. Shell created Low Carbon Solutions to help forward-thinking leaders solve these challenges and deliver more value with less emissions.

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Anna Mascolo crossing her arms and smiling

“The world runs on energy. The challenge is how to keep satisfying rising demand while transitioning to a safe, reliable, and scalable low-carbon, cleaner energy ecosystem. Working together with our customers in heavy transport and industry, vital contributors to the global economy, we’ll unlock the value needed to create and meet demand for more and cleaner energy.”

Anna Mascolo, Executive Vice President, Shell Low Carbon Solutions

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Reducing emissions in aviation with Emirates

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Title: Reducing emissions in aviation with Emirates

Duration: 2:49 minutes

Description:

Driving decarbonisation in aviation: a testimonial from Adel Al Redha of Emirates

Anna Mascolo introduces the video, before Adel Al Redha speaks on the partnership between Emirates and Shell Aviation, describing how Emirates uses Sustainable Aviation Fuel, or SAF, as part of their decarbonisation efforts.

Reducing emissions in aviation with Emirates

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Upbeat music plays

[Visuals]

Blank white screen.

[Transition]

Neon yellow Shell logo outline overlays the previous imagery and animates to reveal next images.

[Visuals]

A two-way split screen, images swapping out as the central divide pings back and forth: a jumbo jet takes off, moving away from the camera; a close up of the turbine of an aeroplane jet, spinning slowly; a Shell Aviation refuelling vehicle with complex machinery pulls up alongside an Emirates aeroplane; an Emirates jumbo jet lands on a runway, other Emirates jets visible in the background; a man in a Shell Aviation hi-vis vest and ear defenders stands looking up at the undercarriage of a plane; an Emirates plane stands on the tarmac outside a hangar; a woman in a Shell Aviation hi-vis vest stands with her back to the camera, operating complex machinery; a side-on view of an Emirates jumbo jet taking off.

[Transition]

Neon yellow Shell logo outline overlays the previous imagery and animates to reveal next images.

Driving decarbonisation in aviation

[Video sequence]

A shot from under the wing of an aeroplane, the jet engine taking up the right of the screen and an airport terminal, blurred, in the distance, taking up the left.

[Anna Mascolo]

Keeping our world moving while reducing emissions is everybody’s challenge. Today, bold business leaders are working to solve it. Shell works with leading airlines to reduce emissions by unlocking the true value of flight.

[Visuals]

Anna Mascolo talks to camera in a common area with modern sofas and chairs.

[Text displays]

Anna Mascolo, Executive VP, Low Carbon Solutions

[Transition]

Shell-logo-shaped vignette animating to reveal next image.

Emirates, Dubai

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Serene piano music playing

[Visuals]

A shot of a fleet of Emirates aeroplanes standing on the tarmac of Dubai airport under a hot sun; one plane can be seen taking off in the background.

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{Over video in grey, translucent textbox}

One of the world’s biggest international airlines

Driving Dubai’s trade and tourism growth

[Adel Al Redha]

The production of Sustainable Aviation Fuel is vital to reduce carbon emissions. Emirates and other airlines have already committed to the use of SAF and this will help provide Shell Aviation the business case to embark in this journey.

[Visuals]

Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport.

Four-way split screen: an industrial plant by a river with a complex network of walkways and pipes; a close-up of clear liquid in glass bottles, possibly in a lab; a man in a Shell Aviation hi-vis vest operates a complex-looking piece of machinery covered in gauges and switches; the camera rapidly zooms in to the “Blended SAF” sign on the yellow cab of a Shell Aviation refuelling vehicle, the image switching to a wider shot of the vehicle parked alongside an Emirates aeroplane.

Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport.

[Text displays]

Adel Al Redha, Deputy President and COO, Emirates

[Visuals]

An extended shot of a Shell Aviation refuelling vehicle pulling up alongside a parked Emirates jet plane.

Workers in Shell hi-vis uniforms pull a long pipe out of an open hatch on the side of a refuelling vehicle.

[Transition]

Neon yellow Shell logo outline overlays the previous imagery and animates to reveal next images.

[Background music plays]

Mellow music playing.

[Visuals]

A closer shot of Emirates jet planes parked on the tarmac of Dubai International Airport, the end of the terminal building visible.

The challenge: decarbonising the world’s existing jet plane fleet

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Epic orchestral music playing

[Adel Al Redha]

SAF can be safely dropped into existing jet engines and a fuelling infrastructure and can potentially reduce carbon lifecycle emission by up to 80% comparing with conventional jet fuel. The use of technology and logistics efficiency will help make the production of Sustainable Aviation Fuel more economical and more widely available. Emirates appreciate Shell Aviation efforts in taking the steps in making SAF available for Emirates and we are pleased to working with Shell Aviation on this matter.

[Visuals]

Three-way split screen: Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport; a man wearing a hi-vis vest and ear defenders is lifted in a cherry picker towards the underside of a plane wing, cutting to a closer shot of him opening a panel in the wing; a man, kneeling on the tarmac, connects a large pipe to an outlet in the floor.

Four-way split screen: A shot of the man in the cherry picker attaching a pipe to an inlet in the underside of a plane wing, cutting to a shot of him standing on the tarmac, looking up at the underside of the wing; a close-up of the turbine of a jet engine turning slowly; a man wearing a hi-vis vest and ear defenders watches a liquid churning in a clear pipe; workers mill around an aviation refuelling vehicle parked in the shadow of an aeroplane.

A computer-generated image of a jet plane flying above occasional fluffy clouds, over a blue ocean with low-lying islands.

[Text displays]

* When used in neat form (i.e., unblended) and calculated with established life cycle assessment methodologies, such as CORSIA methodology.

[Visuals]

Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport.

Sped-up footage of Dubai International Airport, looking down the length of one of the long, tubular terminal buildings, Emirates jet planes parked at gates down the length of the building.

The camera pans around an Emirates jet plane in the middle of a large expanse of tarmac.

A side-on shot of an Emirates plane on a large expanse of tarmac.

A shot over the wing of a plane as it taxis along the runway, the panels of the wing lowering.

Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport.

A wide shot of a plane taking off from a runway.

A shot over the wing of a plane that has just taken off, the runway still visible below.

[Transition]

Neon yellow Shell logo outline overlays the previous imagery and animates to reveal next images.

Working together: to supply sustainable aviation fuel

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Uplifting music playing.

[Visuals]

A shot under the wing of an aeroplane towards another aeroplane in the distance as it taxis along a runway.

[Adel Al Redha]

Emirates has a long-standing working relation with Shell Aviation. We worked closely on the technical, logistical and safety aspects of making SAF available at Dubai Airport to power our first SAF flight to Sydney. We are now working with Shell Aviation on one of our biggest operations, London Heathrow, where they will once again be our supplier under LHR SAF incentive programme.

[Visuals]

The camera moves between a Shell Aviation refuelling truck and another vehicle towards an Emirates jet plane parked in front of an airport gate.

Two men with their backs to the camera, wearing Shell Aviation hi-vis vests and ear defenders, are in conversation, a refuelling vehicle in the background.

A woman hands a piece of paper to a man, both wearing safety gear, next to a Shell Aviation refuelling vehicle parked under the wing of an Emirates aeroplane.

A computer-generated shot of an Emirates plane flying above sporadic white clouds over a blue ocean.

Three workers in Shell Aviation hi-vis vests are in conversation on the tarmac next to a refuelling vehicle and an Emirates plane.

Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport.

Four-way split screen: an aerial shot of London Heathrow Airport; a blurry shot of people gathered in the concourse of an airport; a shot of a sign on a glass-fronted building that reads “Heathrow Airport”, before changing to a view of an aeroplane flying low over the camera; a view out of a window towards the nose of an aeroplane, the boarding bridge next to it disconnected.

[Transition]

Neon yellow Shell logo outline overlays the previous imagery and animates to reveal next images.

The future: every action matters

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Serene music playing.

[Visuals]

A shot of a blue sky criss-crossed with fuzzy vapour trails.

[Adel Al Redha]

Emirates will grow in a sustainable way wherever is possible and our work with Shell Aviation is a demonstration of this.

[Visuals]

Adel Al Redha speaks to right of camera in a brightly lit room with large windows looking out onto the runway of an airport.

[Transition]

Wipe transition with blue, flashing lights.

[Visuals]

A shot looking down a lit-up runway, at the tail of a large jet plane as it comes in to land.

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{Over video in translucent grey text box shaped like the Shell logo}

Driving decarbonisation for our customers, shareholders and society.

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The Shell logo appears on a white background. It pulses like a button being pressed, triggering a shell-shaped shockwave.

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Shell jingle plays.

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{Over graphics}

shell.com/energytransition

© Shell International Limited 2024

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Cautionary note page

Reducing emissions in aviation with Emirates

Adel Al Redha, Deputy President and COO of Emirates, explains how Shell is helping the world’s largest international airline reduce carbon emissions by advancing the use of Sustainable Aviation Fuel (SAF).

Yara International

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Title: Driving decarbonisation: from ‘what’ to ‘how’ with Yara International

Duration: 3:24 minutes

Description:

Addressing the challenges and collaborative solutions to reducing emissions in the food production industry.

Anna Mascolo, Executive VP of Low Carbon Solutions, remarks on the vital link between energy production, agriculture, and global sustainability, and the collaborative efforts between Shell and pioneering customers to reduce emissions.

Svein Tore Holsether, CEO of Yara International, comments on the historical significance of nitrogen fixation for food production and the imperative to address the emissions generated through this process. He discusses collaborative projects, such as carbon capture and storage initiatives, and innovative ventures like utilizing sugarcane residue for biogas production that can, in turn, be used in fertiliser production. He emphasises that the Paris Agreement is not a barrier but an opportunity to unlock new business opportunities in sustainable practices.

Driving decarbonisation: from ‘what’ to ‘how’ with Yara International Transcript

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Upbeat music plays

[Graphics]

Neon yellow Shell logo outline on a white background animates to reveal imagery

[Visuals]

Split screen: (left) Birds-eye view of an irrigation tractor watering a field of lined crops; (right) sped-up video of a supermarket with fresh produce on display.

Split screen: (left) Side-on view of a Yara facility on a sunny day with white smoke emerging from a tall chimney; (right) close-up of a lab technician swirling a test tube containing a blue-green liquid.

Split screen: (left) close-up of machinery at a Japanese LNG plant with steam rising from an intricate system of white pipes; (right) close-up of a large pipe labelled “CO2 TO PIPELINE” with arrows pointing to the right.

Split screen: (left) ground view looking up at a tall, white, cylindrical industrial tower; (right) a green leafy shoot rising from the soil.

Split screen: (left) outdoor close-up of a Shell technician in an orange jumpsuit and yellow helmet turning a large white metal wheel; (right) inside a Yara warehouse filled with large white sacks, a forklift carries sacks of fertiliser.

[Graphics]

Neon yellow Shell logo overlays the previous imagery and animates to reveal graphic text

Leading decarbonisation of food production

[Visuals]

Birds-eye view of three trucks harvesting lush green crops.

Side-on close-up timelapse footage of multi-storey office building transitioning from day to night, windows light up and people inside working at their desks.

Close-up of a kilowatt meter with numbers rising.

Side-on timelapse of the staircase and escalators at a bustling Japanese subway with people zooming hurriedly up and down.

Chefs working in a restaurant kitchen, large yellow flambé flame rising from a wok.

Side-on close-up timelapse footage of a multi-storey restaurant in Japan, patrons sitting at tables inside.

Street view timelapse footage panning across a line of terraced riverside bars and restaurants at night.

Anna Mascolo speaking to camera inside a cafeteria-style restaurant with people queuing with trays in the background, selecting food from a buffet.

[Anna Mascolo]

Keeping our world running while decarbonising energy that powers it is everybody's challenge. But what does food and this restaurant have to do with energy?

[Text displays]

Anna Mascolo

Executive VP, Low Carbon Solutions

[Visuals]

Split screen: (top) An irrigation truck watering rows of lush green crops; (bottom) camera pushing forward through the tops of barley stalks in a golden barley field with the sunset peeking through.

[Anna Mascolo]

Well, natural gas is used to make fertiliser, and without fertiliser, the world would struggle to feed itself.

[Visuals]

Split screen: (top left) a combine harvester harvesting grain crops; (top right) sped-up video of a supermarket with fresh produce on display; (bottom left) sped-up video of an open-air market with fresh produce on display; (bottom right) close-up of fruits and vegetables on display in a supermarket

Bottom right image transitions to an aerial view of a vegetable market looking down on rows of stalls adorned with a large variety of colourful vegetables.

Anna Mascolo speaking to camera.

[Anna Mascolo]

Shell works with pioneering customers to unlock the value in more energy and less emissions.

[Background music plays]

Uplifting music plays

YARA Norway

[Visuals]

Aerial cityscape view of Oslo, Norway, panning above the port district of Bjorvika.

[Text displays]

Fertiliser deliveries: 22.7 million tonnes

Revenue: $24.1 billion

Operations in 60 countries

[Svein Tore Holsether]

Yara was founded 120-so years ago. We're based on a breakthrough innovation of how to get nitrogen out of the air and turn it into a fixed product that we can use to feed the plants.

[Visuals]

Side-on view of a Yara facility on a sunny day with white smoke emerging from a tall chimney.

A female lab technician at a laboratory desk drops a green liquid into a test tube filled with yellow liquid.

Close-up of the same lab technician’s hand swirling a test tube containing a blue-green liquid.

Svein Tore Holsether speaking to camera in an office, large windows behind him with city views.

[Text displays]

Svein Tore Holsether

CEO, Yara International

[Visuals]

Close-up timelapse shot of a green shoot emerging from a seed surrounded by soil, panning upwards as the shoot grows and breaks through the ground, releasing flourishing green leaves.

Svein Tore Holsether speaking to camera.

[Svein Tore Holsether]

Today, that innovation feeds four billion people every year. But at the same time, it's a production process that results in significant emissions, and we need to deal with that. But let's not forget there are huge business opportunities connected to this. There is a lot of potential income as a result of that.

[Visuals]

Split screen: (top left) Birds-eye view of combine harvesters harvesting a field of grain crops; (top right) close-up of a person walking along a row of leafy green seedlings; (bottom left) a pile of yellow potatoes; (bottom right) aerial view of a lush green field.

Bottom left image transitions to a panning sped-up aerial view of a dining table covered in various serving dishes adorned with a selection of foods.

Split screen: (top left) a couple preparing a meal from scratch; (top right) close-up a tabletop with rice dishes; (bottom left) close-up of an assortment of freshly baked breads ; (bottom right) a group of people sitting around a table in a restaurant enjoying a meal.

Split screen above previous split screen: (top left) an aerial view of an outdoor market at night with brightly coloured stalls lit up; (top right) side-on view of people browsing stalls at an outdoor market at night.

Birds-eye view of an expansive chemical plant

Svein Tore Holsether speaking to camera.

Birds-eye view of a Yara industrial facility

Fresh produce moving along a supermarket conveyor belt.

Split screen: (top left) close-up of a man’s hands holding a handful of grain; (top right) close-up of fresh leafy lettuces on display in a supermarket; (bottom left) close-up of cannoli and creamy pastries topped with glossy berries in a display cabinet at a bakery; (bottom right) a selection of fruits and vegetables on display in a supermarket.

Supermarket clerk weighing fresh produce at the cash register.

[Graphics]

Neon yellow Shell logo overlays the previous imagery and animates to reveal graphic text.

[Visuals]

Side-on view of an industrial plant comprised of a complex system of metal tubes, towers, pipes, walkways and staircases.

The challenge: decarbonising fertiliser

[Visuals]

Svein Tore Holsether speaking to camera holding a glass vile containing a grey substance.

[Svein Tore Holsether]

In order to produce this product, we use natural gas, and we produce CO2 as well. While we have made great progress in reducing that already, this is not something that any company can do alone.

[Visuals]

Split screen: (top) Birds-eye view of an industrial plant; (bottom) ground view looking up at an outdoor walkway at an industrial plant.

Svein Tore Holsether speaking to camera.

Birds-eye view of a coastal processing plant.

Birds-eye view of two Shell technicians in yellow hardhats and orange uniforms walking towards camera along an outdoor walkway at a Shell facility.

Transitions to one Shell technician walking away from camera on the same walkway.

Svein Tore Holsether speaking to camera.

Birdseye view of a Shell facility lighting up at dusk.

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Bubbly electronic music playing

[Svein Tore Holsether]

And that's why it's very helpful to work with a company like Shell that has decarbonisation very high on the agenda, and understands the needs that we have.

[Graphics]

Neon yellow Shell logo overlays the previous imagery and animates to reveal graphic text.

[Visuals]

Side-on view of an industrial plant.

The collaboration: carbon capture and storage

[Svein Tore Holsether]

I can mention one important project that we're working on right now, and that's carbon capture and storage. And that's a project we're doing together with Northern Lights, which is to capture that CO2, compress it, and then pump it down below the seabed for permanent storage. And these are the kinds of solutions the world needs now to address the emissions challenge.

[Visuals]

Svein Tore Holsether speaking to camera.

Montage of industrial piping at an industrial facility.

Birds-eye view of an industrial plant with towering silver cylindrical tanks.

Ground view looking up at a tall, white, cylindrical industrial tower

Montage of bird-eye views of an industrial plant with towering silver cylindrical tanks.

High-altitude aerial view of an offshore windfarm with dwarfed turbines spinning under white fluffy clouds.

Svein Tore Holsether speaking to camera.

[Background music plays]

Pleasant easy-listening guitar music plays

[Graphics]

Neon yellow Shell logo overlays the previous imagery and animates to reveal graphic text.

The future: circular fertiliser

[Visuals]

Harvester stripping a row of sugarcane crops.

Svein Tore Holsether speaking to camera.

[Svein Tore Holsether]

So the great thing, when we work together with a company like Shell, is that we put our collective minds together to think about solutions. It's that we come up with new and exciting projects, like a really cool one in Brazil, where we're working on using residue from sugarcane production to turn that into biogas that we, in turn, can then use for the production of ammonia and fertiliser. It's really full circle, where you use the residue from crop production to produce fertiliser that you then, in turn, feed back in order to make even more crops. The Paris Agreement is not a barrier to business. It's an enabler of business opportunities.

[Visuals]

Birds-eye view of a sugarcane processing plant with white smoke rising from chimneys.

Side-on view of the same plant.

Harvester stripping a row of sugarcane crops.

Birds-eye view of a sugarcane processing plant.

Inside a warehouse filled with large white sacks, a forklift carries sacks of fertiliser.

Svein Tore Holsether speaking to camera.

Tractor moving along a field with rows of sprouting sugarcane plants.

Large white Yara sacks filled with fertiliser moving along a conveyor belt with workers monitoring.

A forklift carries several Yara sacks outside of a warehouse.

Two men in a crop field kneel down to inspect and discuss the Yara fertiliser product, then walk together through a row of tall leafy crops.

Ground-level camera pulling backwards through a field of tall crops.

Svein Tore Holsether speaking to camera.

[Svein Tore Holsether]

With the products that we produce, and how we produce them, we're then going to be able to tap into new value.

[Visuals]

Workers on a dock survey a boat being loaded with a fine powdery beige substance from a mechanical shoot.

Birds-eye view of a rural industrial plant with wind turbines in the background.

Svein Tore Holsether speaking to camera.

Birds-eye view of two Shell technicians in yellow hardhats and orange uniforms walking towards camera along an elevated outdoor walkway at a Shell facility.

[Graphics]

Neon yellow Shell logo outline overlays the previous imagery and animates to reveal graphic text

[Text displays]

Driving decarbonisation for our customers, shareholders and society

[Graphics]

Animated Shell logo on a white background

[Text displays]

© SHELL INTERNATIONAL LIMITED 2024

[Text displays]

Cautionary note page

Decarbonising food with Yara International

Svein Tore Holsether, CEO of Yara International, shares how Shell is working with Europe’s largest fertiliser company to capture and store hard to avoid emissions while creating fertilisers using biogas.

Shell Ventures

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Innovation is key to accelerating decarbonisation. Shell Ventures make minority investments that help to develop new technologies and disruptive business models that work to accelerate the energy and mobility transformation.

Find out more

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). These risk factors also expressly qualify all forward-looking statements contained in this web page and should be considered by the reader. Each forward-looking statement speaks only as of the date of this web page, 29 February 2024. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this web page.

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Also, in this web page we may refer to Shell’s “Net Carbon Intensity”, which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell’s “Net Carbon Intensity” is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s net-Zero Emissions Target

Shell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Intensity (NCI) targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCI target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

Shell expects to publish its 2024 Energy Transition Strategy on March 14, 2024, which will include an update on Shell’s energy transition strategy and set out Shell’s climate targets and ambitions for the future.

Forward Looking Non-GAAP measures

This web page may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. We are unable to provide a reconciliation of these forward-looking Non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those Non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

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