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Significant shareholdings

The Company’s ordinary shares have voting rights on all matters that are subject to shareholder approval, including the election of directors. The Company’s major shareholders do not have different voting rights.

Notification of major shareholdings

The Company received three notifications pursuant to Disclosure Guidance and Transparency Rule (DTR) 5 during the year and up to February 19, 2024, (being a date not more than one month prior to the date of the Company’s Notice of Annual General Meeting).



Ordinary shares




Norges Bank [A]




The Company received three notifications from Norges Bank relating to its voting rights on November 1, 2023: Notification 1 – as a result of an acquisition of shares with the percentage of voting rights in Shell exceeding 3% on August 15, 2022; Notification 2 – correcting errors in Notification 1; and Notification 3 – notifying that Norges Bank's shareholding had fallen below a notifiable threshold (below 3% of the voting rights in Shell) on October 30, 2023). The Company announced receipt of such notifications on November 3, 2023.

Designation of the Netherlands as EU Home Member State for regulatory purposes

Following the exit of the UK from the EU and the end of the transition period, the Company announced that the EU Home Member State of the Company for the purposes of the EU Transparency Directive would be the Netherlands as from January 1, 2021. As a consequence, the Company files Transparency Directive and Market Abuse Regulation-related regulatory information with the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten, or AFM). Major shareholders are required to report substantial holdings in Shell to the AFM in accordance with applicable Dutch law, in addition to their ongoing disclosure obligations under the UK Disclosure Guidance and Transparency Rules (DTR).