SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                                       SUMMARY OF UNAUDITED RESULTS Quarters $ million     Q1 2024 Q4 2023 Q1 2023 %¹   Reference       7,358    474    8,709    +1,453 Income/(loss) attributable to Shell plc shareholders         7,734    7,306    9,646    +6 Adjusted Earnings A       18,711    16,335    21,432    +15 Adjusted EBITDA A       13,330    12,575    14,159    +6 Cash flow from operating activities         (3,528)   (5,657)   (4,238)     Cash flow from investing activities         9,802    6,918    9,921      Free cash flow G       4,493    7,113    6,501      Cash capital expenditure C       8,997    10,897    9,312    -17 Operating expenses F       9,054    10,565    9,293    -14 Underlying operating expenses F       12.0% 12.8% 18.1%   ROACE2 D       79,931    81,541    85,142      Total debt E       40,513    43,542    44,224      Net debt E       17.7% 18.8% 18.4%   Gearing E       2,911    2,827    2,902    +3 Oil and gas production available for sale (thousand boe/d)         1.14    0.07    1.26 +1,529 Basic earnings per share ($)         1.20    1.11    1.39    +8 Adjusted Earnings per share ($) B       0.3440    0.3440    0.2875    — Dividend per share ($)         1.Q1 on Q4 change 2.Effective first quarter 2024, the definition has been amended and comparative information has been revised. See Reference D. Quarter Analysis1 Income attributable to Shell plc shareholders, compared with the fourth quarter 2023, reflected lower operating expenses, higher margins from crude and oil products trading and optimisation, and higher refining margins, partly offset by lower LNG trading and optimisation margins, and unfavourable tax movements in comparison to the fourth quarter 2023. First quarter 2024 income attributable to Shell plc shareholders also included unfavourable movements due to the fair value accounting of commodity derivatives, and favourable differences in exchange rates and inflationary adjustments on deferred tax. These items are included in identified items amounting to a net loss of $0.6 billion in the quarter. This compares with identified items in the fourth quarter 2023 which amounted to a net loss of $6.0 billion, and included net impairment charges and reversals ($3.9 billion), and unfavourable movements due to the fair value accounting of commodity derivatives. Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as income attributable to Shell plc shareholders and adjusted for the above identified items and the cost of supplies adjustment of negative $0.3 billion. Cash flow from operating activities for the first quarter 2024 was $13.3 billion, and primarily driven by Adjusted EBITDA, partly offset by a working capital outflow of $2.8 billion, and tax payments of $2.6 billion. The working capital outflow mainly reflected accounts receivable and payable movements, and inventory movements due to higher crude and oil products prices. Cash flow from investing activities for the quarter was an outflow of $3.5 billion, and included cash capital expenditure of $4.5 billion, and divestment proceeds of $1.0 billion. Net debt and Gearing: At the end of the first quarter 2024, net debt was $40.5 billion, compared with $43.5 billion at the end of the fourth quarter 2023, mainly reflecting free cash flow, partly offset by share buybacks, cash dividends paid to Shell plc shareholders, interest payments, and lease additions. Gearing was 17.7% at the end of the first quarter 2024, compared with 18.8% at the end of the fourth quarter 2023, driven by lower net debt.           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS Shareholder distributions Total shareholder distributions in the quarter amounted to $5.0 billion comprising repurchases of shares of $2.8 billion and cash dividends paid to Shell plc shareholders of $2.2 billion. Dividends declared to Shell plc shareholders for the first quarter 2024 amount to $0.3440 per share. Shell has now completed $3.5 billion of share buybacks announced in the fourth quarter 2023 results announcement. Today, Shell announces a share buyback programme of $3.5 billion which is expected to be completed by the second quarter 2024 results announcement.   This Unaudited Condensed Interim Financial Report, together with supplementary financial and operational disclosure for this quarter, is available at www.shell.com/investors 3. 1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation. 3.Not incorporated by reference.   FIRST QUARTER 2024 PORTFOLIO DEVELOPMENTS   Upstream In January 2024, we reached an agreement to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance. Completion of the transaction is subject to approvals by the Federal Government of Nigeria and other conditions.   Chemicals and Products In January 2024, we announced the final investment decision to convert the hydrocracker of the Wesseling site at the Energy and Chemicals Park Rheinland in Germany into a production unit for Group III base oils, used in making high-quality lubricants such as engine and transmission oils. Crude oil processing will end at the Wesseling site by 2025 but will continue at the Godorf site.           Page 2           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS PERFORMANCE BY SEGMENT                                               INTEGRATED GAS         Quarters $ million     Q1 2024 Q4 2023 Q1 2023 %¹   Reference       2,761    1,733    2,412    +59 Segment earnings2         (919)   (2,235)   (2,506)     Of which: Identified items A       3,680    3,968    4,919    -7 Adjusted Earnings2 A       6,136    6,584    7,484    -7 Adjusted EBITDA2 A       4,712    3,597    6,286    +31 Cash flow from operating activities A       1,041    1,196    813      Cash capital expenditure C       137    113    138    +22 Liquids production available for sale (thousand b/d)         4,954    4,570    4,825    +8 Natural gas production available for sale (million scf/d)         992    901    970    +10 Total production available for sale (thousand boe/d)         7.58    7.06    7.19    +7 LNG liquefaction volumes (million tonnes)         16.87    18.09    16.97    -7 LNG sales volumes (million tonnes)         1.Q1 on Q4 change 2.Segment earnings, Adjusted Earnings and Adjusted EBITDA are presented on a CCS basis (see Note 2). Integrated Gas includes liquefied natural gas (LNG), conversion of natural gas into gas-to-liquids (GTL) fuels and other products. It includes natural gas and liquids exploration and extraction, and the operation of the upstream and midstream infrastructure necessary to deliver these to market. Integrated Gas also includes the marketing, trading and optimisation of LNG. Quarter Analysis1 Segment earnings, compared with the fourth quarter 2023, reflected the net effect of lower contributions from trading and optimisation and higher realised prices (decrease of $1,153 million), partly offset by favourable deferred tax movements ($327 million), higher volumes (increase of $276 million), and lower operating expenses (decrease of $213 million). First quarter 2024 segment earnings also included unfavourable movements of $887 million due to the fair value accounting of commodity derivatives. As part of Shell's normal business, commodity derivative hedge contracts are entered into for mitigation of economic exposures on future purchases and sales. As these commodity derivatives are measured at fair value, this creates an accounting mismatch over periods. These unfavourable movements are part of identified items and compare with the fourth quarter 2023 which included unfavourable movements of $1,587 million due to the fair value accounting of commodity derivatives, and impairment charges of $547 million. Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as the segment earnings and adjusted for identified items. Cash flow from operating activities for the quarter was primarily driven by Adjusted EBITDA and working capital inflows of $275 million, partly offset by net cash outflows related to derivatives of $1,080 million, and tax payments of $467 million. Total oil and gas production compared with the fourth quarter 2023 increased by 10% mainly due to lower maintenance at Prelude and Pearl GTL. LNG liquefaction volumes increased by 7% mainly due to lower maintenance at Prelude.   1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation.           Page 3           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                                                             UPSTREAM                           Quarters $ million                     Q1 2024 Q4 2023 Q1 2023 %¹   Reference                       2,272    2,151    2,789    +6 Segment earnings2                         339    (909)   (21)     Of which: Identified items A                       1,933    3,060    2,810    -37 Adjusted Earnings2 A                       7,888    7,872    8,849    — Adjusted EBITDA2 A                       5,727    5,787    5,808    -1 Cash flow from operating activities A                       2,010    2,436    1,870      Cash capital expenditure C                       1,331    1,361    1,346    -2 Liquids production available for sale (thousand b/d)                         3,136    2,952    3,078    +6 Natural gas production available for sale (million scf/d)                         1,872    1,870    1,877    — Total production available for sale (thousand boe/d)                         1.Q1 on Q4 change 2.Segment earnings, Adjusted Earnings and Adjusted EBITDA are presented on a CCS basis (see Note 2). The Upstream segment includes exploration and extraction of crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas, and operates the infrastructure necessary to deliver them to the market. Quarter Analysis1 Segment earnings, compared with the fourth quarter 2023, reflected deferred tax help in the fourth quarter 2023 resulting in unfavourable tax movements ($852 million) and higher well write-offs (increase of $383 million). Furthermore, the first quarter 2024 segment earnings included a gain of $460 million related to the impact of inflationary adjustments in Argentina on a deferred tax position, partly offset by net impairment charges and reversals of $102 million. These gains and charges are part of identified items, and compare with the fourth quarter 2023 which included net impairment charges and reversals of $454 million, charges of $424 million related to the impact of the weakening Argentine peso on a deferred tax position, and legal provisions of $358 million, partly offset by a gain of $182 million due to the impact of the discount rate change on provisions. Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as the segment earnings and adjusted for identified items. Cash flow from operating activities for the quarter was primarily driven by Adjusted EBITDA, partly offset by tax payments of $1,802 million. Total production was in line with the fourth quarter 2023. Higher scheduled maintenance was fully offset by improved performance and new oil delivery.   1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation.           Page 4           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                             MARKETING         Quarters $ million     Q1 2024 Q4 2023 Q1 2023 %¹   Reference       774    226    1,184    +242 Segment earnings2,3         (7)   (567)   238      Of which: Identified items3 A       781    794    946    -2 Adjusted Earnings2,3 A       1,686    1,500    1,714    +12 Adjusted EBITDA2,3 A       1,319    1,767    2,101    -25 Cash flow from operating activities3 A       465    1,385    2,737      Cash capital expenditure3 C       2,763    2,997    2,945    -8 Marketing sales volumes (thousand b/d)3         1.Q1 on Q4 change 2.Segment earnings, Adjusted Earnings and Adjusted EBITDA are presented on a CCS basis (see Note 2). 3.Wholesale commercial fuels, previously reported in the Chemicals and Products segment, is reported in the Marketing segment (Mobility) with effect from Q1 2024. Comparative information for the Marketing segment and the Chemicals and Products segment has been revised.   The Marketing segment comprises the Mobility, Lubricants, and Sectors and Decarbonisation businesses. The Mobility business operates Shell's retail network including electric vehicle charging services and the Wholesale commercial fuels business which provides fuels for transport, industry and heating. The Lubricants business produces, markets and sells lubricants for road transport, and machinery used in manufacturing, mining, power generation, agriculture and construction. The Sectors and Decarbonisation business sells fuels, speciality products and services including low-carbon energy solutions to a broad range of commercial customers including the aviation, marine, and agricultural sectors. Quarter Analysis1 Segment earnings, compared with the fourth quarter 2023, reflected lower operating expenses (decrease of $234 million), offset by higher tax charges (increase of $160 million) due to incidental tax helps in the fourth quarter 2023. Marketing margins were in line with the fourth quarter 2023 and included higher Lubricants margins due to seasonality offset by lower Mobility margins due to seasonality and lower Sectors and Decarbonisation margins. Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as the segment earnings and adjusted for identified items. Cash flow from operating activities for the quarter was primarily driven by Adjusted EBITDA, the timing impact of payments relating to emission certificates and biofuel programmes of $427 million, non-cash cost-of-sales (CCS) adjustments of $153 million and dividends (net of profits) from joint ventures and associates of $93 million. These inflows were partly offset by working capital outflows of $792 million and tax payments of $175 million. Marketing sales volumes (comprising hydrocarbon sales), compared with the fourth quarter 2023, decreased mainly due to seasonality.   1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation.           Page 5           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                             CHEMICALS AND PRODUCTS         Quarters $ million     Q1 2024 Q4 2023 Q1 2023 %¹   Reference       1,157    (1,828)   1,753    +163 Segment earnings2,3         (458)   (1,857)   46      Of which: Identified items3 A       1,615    29    1,707    +5,476 Adjusted Earnings2,3 A       2,826    670    2,915    +322 Adjusted EBITDA2,3 A       (349)   1,150    1,275    -130 Cash flow from operating activities3 A       500    986    561      Cash capital expenditure3 C       1,430    1,315    1,413    +9 Refinery processing intake (thousand b/d)         2,883    2,588    2,831    +11 Chemicals sales volumes (thousand tonnes)         1.Q1 on Q4 change 2.Segment earnings, Adjusted Earnings and Adjusted EBITDA are presented on a CCS basis (see Note 2). 3.Wholesale commercial fuels, previously reported in the Chemicals and Products segment, is reported in the Marketing segment (Mobility) with effect from Q1 2024. Comparative information for the Marketing segment and the Chemicals and Products segment has been revised.     The Chemicals and Products segment includes chemicals manufacturing plants with their own marketing network, and refineries which turn crude oil and other feedstocks into a range of oil products which are moved and marketed around the world for domestic, industrial and transport use. The segment also includes the pipeline business, trading and optimisation of crude oil, oil products and petrochemicals, and Oil Sands activities (the extraction of bitumen from mined oil sands and its conversion into synthetic crude oil). Quarter Analysis1 Segment earnings, compared with the fourth quarter 2023, reflected higher Products margins (increase of $1,197 million) mainly driven by higher margins from trading and optimisation and higher refining margins due to higher utilisation and global supply disruptions. Segment earnings also reflected higher Chemicals margins (increase of $291 million) due to improved margin environment and utilisation and also included higher income from joint ventures and associates. In addition, the first quarter 2024 reflected lower operating expenses (decrease of $174 million). First quarter 2024 segment earnings also included unfavourable movements of $319 million due to the fair value accounting of commodity derivatives and impairment charges of $152 million. These unfavourable movements and charges are part of identified items, and compare with the fourth quarter 2023 which included net impairment charges and reversals of $1,968 million mainly relating to the Chemicals assets in Singapore, and charges of $78 million related to redundancy and restructuring partly offset by favourable movements of $138 million due to the fair value accounting of commodity derivatives. Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as the segment earnings and adjusted for identified items. In the first quarter 2024, Chemicals had negative Adjusted Earnings of $113 million and Products had positive Adjusted Earnings of $1,729 million. Cash flow from operating activities for the quarter was primarily driven by outflows relating to working capital of $2,639 million, commodity derivatives of $402 million, the timing impact of payments relating to emission certificates and biofuel programmes of $185 million, and legal provisions of $180 million. These outflows were partly offset by Adjusted EBITDA, and non-cash cost-of-sales (CCS) adjustments of $207 million. Chemicals manufacturing plant utilisation was 73% compared with 62% in the fourth quarter 2023, due to lower planned and unplanned maintenance in North America. Refinery utilisation was 91% compared with 81% in the fourth quarter 2023, due to lower planned maintenance in North America.   1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation.           Page 6           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                             RENEWABLES AND ENERGY SOLUTIONS         Quarters $ million     Q1 2024 Q4 2023 Q1 2023 %¹   Reference       553    (272)   2,205    +303 Segment earnings2         390    (445)   1,810      Of which: Identified items A       163    173    395    -6 Adjusted Earnings2 A       267    253    676    +6 Adjusted EBITDA2 A       2,466    (1,265)   1,091    +295 Cash flow from operating activities A       438    1,026    440      Cash capital expenditure C       77    68    68    +14 External power sales (terawatt hours)3         190    175    221    +9 Sales of pipeline gas to end-use customers (terawatt hours)4         1.Q1 on Q4 change 2.Segment earnings, Adjusted Earnings and Adjusted EBITDA are presented on a CCS basis (see Note 2). 3.Physical power sales to third parties; excluding financial trades and physical trade with brokers, investors, financial institutions, trading platforms, and wholesale traders. 4.Physical natural gas sales to third parties; excluding financial trades and physical trade with brokers, investors, financial institutions, trading platforms, and wholesale traders. Excluding sales of natural gas by other segments and LNG sales. Renewables and Energy Solutions includes activities such as renewable power generation, the marketing and trading and optimisation of power and pipeline gas, as well as carbon credits, and digitally enabled customer solutions. It also includes the production and marketing of hydrogen, development of commercial carbon capture and storage hubs, investment in nature-based projects that avoid or reduce carbon emissions, and Shell Ventures, which invests in companies that work to accelerate the energy and mobility transformation. Quarter Analysis1 Segment earnings, compared with the fourth quarter 2023, reflected lower margins (decrease of $233 million) mainly due to trading and optimisation, partly offset by lower operating expenses (decrease of $231 million). First quarter 2024 segment earnings also included favourable movements of $306 million due to the fair value accounting of commodity derivatives. As part of Shell's normal business, commodity derivative hedge contracts are entered into for mitigation of economic exposures on future purchases, sales and inventory. As these commodity derivatives are measured at fair value, this creates an accounting mismatch over periods. These favourable movements are part of identified items and compare with the fourth quarter 2023 which included impairment charges of $551 million, partly offset by favourable movements of $125 million due to the fair value accounting of commodity derivatives. Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as the segment earnings and adjusted for identified items. Loss-making Renewables and Energy Solutions activities were more than offset by the positive Adjusted Earnings from trading and optimisation. Cash flow from operating activities for the quarter was primarily driven by net cash inflows related to derivatives of $1,979 million, working capital inflows of $481 million, and Adjusted EBITDA, partly offset by tax payments of $244 million.   1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation. Additional Growth Measures                                       Quarters       Q1 2024 Q4 2023 Q1 2023 %¹                   Renewable power generation capacity (gigawatt):         3.2    2.5    2.3    +28 – In operation2         3.5    4.1    4.0    -13 – Under construction and/or committed for sale3         1.Q1 on Q4 change 2.Shell's equity share of renewable generation capacity post commercial operation date. It excludes Shell's equity share of associates where information cannot be obtained. 3.Shell's equity share of renewable generation capacity under construction and/or committed for sale under long-term offtake agreements (PPA). It excludes Shell's equity share of associates where information cannot be obtained.           Page 7           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                     CORPORATE       Quarters $ million     Q1 2024 Q4 2023 Q1 2023   Reference     (354)   (629)   (1,082)   Segment earnings1,2       14    (19)   (24)   Of which: Identified items A     (368)   (609)   (1,058)   Adjusted Earnings1,2 A     (92)   (544)   (207)   Adjusted EBITDA1,2 A     (545)   1,540    (2,403)   Cash flow from operating activities A     1.Segment earnings, Adjusted Earnings and Adjusted EBITDA are presented on a CCS basis (see Note 2). 2.From the first quarter 2024, Shell's longer-term innovation portfolio is managed centrally and hence reported as part of the Corporate segment (previously all other segments). Prior period comparatives have been revised to conform with current year presentation with an offsetting impact on all the other segments. The Corporate segment covers the non-operating activities supporting Shell. It comprises Shell's holdings and treasury organisation, headquarters and central functions, self-insurance activities and centrally managed longer-term innovation portfolio. All finance expense, income and related taxes are included in Corporate segment earnings rather than in the earnings of business segments. Quarter Analysis1 Segment earnings, compared with the fourth quarter 2023, reflected favourable movements in currency exchange rate effects and lower operating expenses, partly offset by an unfavourable movement in tax credits. Adjusted EBITDA2 was mainly driven by favourable currency exchange rate effects and lower operating expenses.   1.All earnings amounts are shown post-tax, unless stated otherwise. 2.Adjusted EBITDA is without taxation.   OUTLOOK FOR THE SECOND QUARTER 2024 Cash capital expenditure for full year 2024 is expected to be within $22 - $25 billion.   Integrated Gas production is expected to be approximately 920 - 980 thousand boe/d. LNG liquefaction volumes are expected to be approximately 6.8 - 7.4 million tonnes. Production and LNG liquefaction outlook reflects seasonality (higher maintenance).   Upstream production is expected to be approximately 1,630 - 1,830 thousand boe/d. Production outlook reflects the scheduled maintenance across the portfolio.   Marketing sales volumes are expected to be approximately 2,700 - 3,200 thousand b/d.   Refinery utilisation is expected to be approximately 87% - 95%. Chemicals manufacturing plant utilisation is expected to be approximately 72% - 80%.   Corporate Adjusted Earnings are expected to be a net expense of approximately $400 - $600 million in the second quarter and a net expense of approximately $1,700 - $2,300 million for the full year 2024. This excludes the impact of currency exchange rate and fair value accounting effects.   FORTHCOMING EVENTS               Date Event May 21, 2024 Annual General Meeting August 1, 2024 Second quarter 2024 results and dividends October 31, 2024 Third quarter 2024 results and dividends           Page 8           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS                                 CONSOLIDATED STATEMENT OF INCOME     Quarters $ million   Q1 2024 Q4 2023 Q1 2023       72,478    78,732    86,959    Revenue1     1,318    768    1,581    Share of profit/(loss) of joint ventures and associates     907    631    481    Interest and other income/(expenses)2     74,703    80,131    89,021    Total revenue and other income/(expenses)     46,867    54,745    57,502    Purchases     5,810    6,807    6,008    Production and manufacturing expenses     2,975    3,621    3,051    Selling, distribution and administrative expenses     212    469    253    Research and development     750    467    404    Exploration     5,881    11,221    6,285    Depreciation, depletion and amortisation2     1,164    1,166    1,165    Interest expense     63,659    78,496    74,667    Total expenditure     11,044    1,635    14,354    Income/(loss) before taxation     3,604    1,099    5,582    Taxation charge/(credit)2     7,439    536    8,772    Income/(loss) for the period     82    62    64    Income/(loss) attributable to non-controlling interest     7,358    474    8,709    Income/(loss) attributable to Shell plc shareholders     1.14    0.07    1.26    Basic earnings per share ($)3     1.13    0.07    1.25    Diluted earnings per share ($)3     1.See Note 2 "Segment information". 2.See Note 8 "Other notes to the unaudited Condensed Consolidated Interim Financial Statements". 3.See Note 4 "Earnings per share".                                 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME     Quarters $ million   Q1 2024 Q4 2023 Q1 2023       7,439    536    8,772    Income/(loss) for the period           Other comprehensive income/(loss) net of tax:           Items that may be reclassified to income in later periods:     (1,995)   2,571    553    – Currency translation differences     (6)   29    18    – Debt instruments remeasurements     53    11    (180)   – Cash flow hedging gains/(losses)     —    —    (52)   – Net investment hedging gains/(losses)     (14)   (53)   (2)   – Deferred cost of hedging     (12)   135    (35)   – Share of other comprehensive income/(loss) of joint ventures and associates     (1,974)   2,692    302    Total           Items that are not reclassified to income in later periods:     439    (1,207)   (32)   – Retirement benefits remeasurements     78    (84)   8    – Equity instruments remeasurements     10    (186)   (8)   – Share of other comprehensive income/(loss) of joint ventures and associates     528    (1,477)   (33)   Total     (1,445)   1,215    269    Other comprehensive income/(loss) for the period     5,994    1,750    9,041    Comprehensive income/(loss) for the period     56    96    84    Comprehensive income/(loss) attributable to non-controlling interest     5,937    1,654    8,958    Comprehensive income/(loss) attributable to Shell plc shareholders               Page 9           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                     CONDENSED CONSOLIDATED BALANCE SHEET $ million       March 31, 2024 December 31, 2023 Assets     Non-current assets     Goodwill 16,554    16,660    Other intangible assets 9,999    10,253    Property, plant and equipment 191,952    194,835    Joint ventures and associates 25,113    24,457    Investments in securities 3,033    3,246    Deferred tax 6,217    6,454    Retirement benefits 9,151    9,151    Trade and other receivables 6,548    6,298    Derivative financial instruments² 381    801      268,948    272,155    Current assets     Inventories 26,471    26,019    Trade and other receivables 53,178    53,273    Derivative financial instruments² 12,730    15,098    Cash and cash equivalents 39,949    38,774      132,329    133,164    Assets classified as held for sale1 762    951      133,091    134,115    Total assets 402,039    406,270    Liabilities     Non-current liabilities     Debt 68,886    71,610    Trade and other payables 3,909    3,103    Derivative financial instruments² 2,338    2,301    Deferred tax 15,179    15,347    Retirement benefits 7,101    7,549    Decommissioning and other provisions 22,412    22,531      119,824    122,441    Current liabilities     Debt 11,046    9,931    Trade and other payables 65,997    68,237    Derivative financial instruments² 8,919    9,529    Income taxes payable 3,940    3,422    Decommissioning and other provisions 3,714    4,041      93,615    95,160    Liabilities directly associated with assets classified as held for sale1 296    307      93,911    95,467    Total liabilities 213,735    217,908    Equity attributable to Shell plc shareholders 186,565    186,607    Non-controlling interest 1,739    1,755    Total equity 188,304    188,362    Total liabilities and equity 402,039    406,270    1.    See Note 8 "Other notes to the unaudited Condensed Consolidated Interim Financial Statements". 2.    See Note 7 "Derivative financial instruments and debt excluding lease liabilities".             Page 10           SHELL PLC1st QUARTER 2024 UNAUDITED RESULTS                                                         CONSOLIDATED STATEMENT OF CHANGES IN EQUITY   Equity attributable to Shell plc shareholders       $ million Share capital1 Shares held in trust Other reserves² Retained earnings Total Non-controlling interest   Total equity At January 1, 2024 544    (997)   21,145    165,915    186,607    1,755      188,362    Comprehensive income/(loss) for the period —    —    (1,420)   7,358    5,937    56      5,994    Transfer from other comprehensive income —    —    138    (138)   —    —      —    Dividends³ —    —    —    (2,210)   (2,210)   (68)     (2,278)   Repurchases of shares4 (7)   —    7    (3,502)   (3,502)   —      (3,502)   Share-based compensation —    543    (426)