Skip to main content

TSR performance and CEO pay

Performance graph

The graph below compares the TSR performance of Shell plc over the past 10 financial years with that of the FTSE 100 Index. The Board regards this index as the most appropriate broad market equity index for comparison, following Shell’s headquarters move to the UK. Data shown is for the performance of RDS B shares prior to the assimilation of Shell’s shares into a single line of ordinary shares on January 29, 2022.

CEO pay outcomes

The table below the graphs sets out the single figure of total remuneration, the annual bonus payment and long-term incentive (LTI) vesting rates compared with the respective maximum opportunity, for the CEO for the past 10 years.

Historical TSR performance

Value of hypothetical £100 holding

FTSE 100Shell plcabbaDec-22Dec-21Dec-20Dec-19Dec-18Dec-17Dec-16Dec-15Dec-14Dec-12Dec-13£0£50£100£150£200£0£50£100£150£200Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17Dec-16Dec-15Dec-14Dec-13Dec-12FTSE 100Shell plcabbaDec-22Dec-21Dec-20Dec-19Dec-18Dec-17Dec-16Dec-15Dec-14Dec-13Dec-12

Year

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

CEO

Peter Voser

Ben van Beurden

Single figure of total remuneration (£000) [A]

7,183

19,510 [B]

4,049

7,046

7,811

17,817

8,746

5,197

6,344

9,698

Annual bonus award against maximum opportunity

44%

94%

98%

66%

81%

79%

21%

–%

64%

73%

LTI vesting against maximum opportunity

30%

49%

8%

42%

35%

95%

74%

45%

25%

41%

[A]

Prior to 2022, the CEO’s remuneration was denominated in EUR. Each year’s single figure of total remuneration has been converted to GBP using the 12-month average exchange rates for the year.

[B]

Ben van Beurden’s single figure for 2014 was impacted by the increase in pension accrual calculated under the UK reporting regulations and tax equalisation as a result of his promotion and prior assignment to the UK.

TSR
total shareholder return
View complete glossary