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SHELL PLC 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

96Reported items
360Asset managers
18,210Fund votes
2025-05-20Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore SHELL PLC in the interactive database Compare manager voting policies

How asset managers voted at the SHELL PLC 2024-2025 meeting

Each item below shows how the 360 asset managers that disclosed a SHELL PLC vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of SHELL PLC’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval of Directors' Remuneration Report

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 5 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 182 asset managers below cast 99.7% of the shares they voted on this item FOR (338,862,162 for, 929,626 against).

FOR: 338,862,162 (99.7%)AGAINST: 929,626 (0.3%)ABSTAIN: 2,877 (0.0%)UNKNOWN: 12 (0.0%)

Largest asset managers voting on “Approval of Directors' Remuneration Report” at SHELL PLC, 2024-2025
Asset manager	For	Against	Vote
BlackRock	227,393,068	924,610	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	24,023,641	0	For
EAGLE CAPITAL MANAGEMENT LLC	11,585,637	0	For
HARDING LOEVNER FUNDS INC	10,814,984	0	For
HARDING LOEVNER LP	10,592,667	0	For
Six Circles Trust	10,574,531	0	For
John Hancock	6,504,339	0	For
Bridge Builder Trust	6,352,656	0	For
Korea Investment CORP	5,220,487	0	For
Trinity Street Asset Management LLP	5,034,165	0	For
1832 Asset Management L.P.	4,591,656	0	For
Jackson National	3,871,410	0	For
2023 ETF Series Trust	1,496,090	0	For
HUDSON EDGE INVESTMENT PARTNERS INC.	1,376,045	0	For
Treasurer of the State of North Carolina	1,042,930	0	For
BBH Trust	1,038,952	0	For
LETKO, BROSSEAU & ASSOCIATES INC	640,055	0	For
Lincoln Financial	551,898	0	For
Managed Account Series	502,238	0	For
TOUCHSTONE STRATEGIC TRUST	405,719	0	For
Gabelli	402,900	0	For
South Dakota Investment Council	401,698	0	For
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO	237,330	0	For
Morningstar Funds Trust	233,544	0	For
Guardian Variable Products Trust	226,727	0	For

Showing the 25 largest of 182 asset managers. See all 182 in the interactive database.

2. Approve Remuneration Report

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-20; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 116 asset managers below cast 99.9% of the shares they voted on this item FOR (739,556,792 for, 162,768 against).

FOR: 739,556,792 (100.0%)AGAINST: 162,768 (0.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Approve Remuneration Report” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
JPMorgan	59,593,651	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
Close Asset Management Ltd	4,729,766	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For

Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.

3. Accept Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

4. Authorise Issue of Equity

CAPITAL STRUCTURE

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Authorise Issue of Equity” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

5. Authorise Issue of Equity without Pre-emptive Rights

CAPITAL STRUCTURE

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Authorise Issue of Equity without Pre-emptive Rights” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

6. Authorise Market Purchase of Ordinary Shares

CAPITAL STRUCTURE

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Authorise Market Purchase of Ordinary Shares” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

7. Authorise Off-Market Purchase of Ordinary Shares

EXTRAORDINARY TRANSACTIONSCAPITAL STRUCTURE

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Authorise Off-Market Purchase of Ordinary Shares” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

8. Authorise UK Political Donations and Expenditure

OTHER SOCIAL ISSUES

Meeting held 2025-05-20; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (673,774,324 for, 34,705 against).

FOR: 673,774,324 (100.0%)AGAINST: 34,705 (0.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Authorise UK Political Donations and Expenditure” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

9. Authorise the Audit and Risk Committee to Fix Remuneration of Auditors

AUDIT-RELATED

Meeting held 2025-05-20; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (673,677,540 for, 131,489 against).

FOR: 673,677,540 (100.0%)AGAINST: 131,489 (0.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Authorise the Audit and Risk Committee to Fix Remuneration of Auditors” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

10. Re-elect Abraham Schot as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (673,557,256 for, 251,773 against).

FOR: 673,557,256 (100.0%)AGAINST: 251,773 (0.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Abraham Schot as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

11. Re-elect Ann Godbehere as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Ann Godbehere as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

12. Re-elect Catherine Hughes as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Catherine Hughes as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

13. Re-elect Cyrus Taraporevala as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Cyrus Taraporevala as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

14. Re-elect Dick Boer as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Dick Boer as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

15. Re-elect Jane Lute as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Jane Lute as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

16. Re-elect Leena Srivastava as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Leena Srivastava as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

17. Re-elect Neil Carson as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Neil Carson as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

18. Re-elect Sinead Gorman as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (673,557,256 for, 251,773 against).

FOR: 673,557,256 (100.0%)AGAINST: 251,773 (0.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Sinead Gorman as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

19. Re-elect Sir Andrew Mackenzie as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

99.6% fund support · no official result

FOR 99.6%

The 111 asset managers below cast 99.6% of the shares they voted on this item FOR (671,327,643 for, 2,481,386 against).

FOR: 671,327,643 (99.6%)AGAINST: 2,481,386 (0.4%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Sir Andrew Mackenzie as Director” at SHELL PLC, 2024-2025
Asset manager	For	Against	Vote
Vanguard	183,621,000	0	For
Fidelity	128,055,190	0	For
Capital Group	79,399,246	0	For
TIAA	35,092,158	0	For
Dimensional	31,908,087	0	For
Goldman Sachs	27,920,771	0	For
FIRST EAGLE FUNDS	22,449,113	0	For
State Street	14,946,555	2	For
EUPAC FUND	14,274,155	0	For
T. Rowe Price	12,591,537	0	For
Columbia Threadneedle	9,825,228	0	For
Northern Trust	7,913,992	35,331	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	0	For
Invesco	7,551,469	0	For
AllianceBernstein	6,967,394	0	For
DWS	4,467,158	0	For
Franklin Custodian Funds	4,000,000	0	For
American Century	3,699,309	0	For
Franklin Templeton	3,427,813	0	For
Victory Capital	3,339,131	0	For
Putnam	3,250,309	0	For
Thrivent	3,147,664	0	For
Equitable	3,000,315	63,693	For
Thornburg	3,035,600	0	For
TEMPLETON FUNDS	2,784,975	0	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

20. Re-elect Sir Charles Roxburgh as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Sir Charles Roxburgh as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

21. Re-elect Wael Sawan as Director

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 100% of the shares they voted on this item FOR (673,809,029 for, 0 against).

FOR: 673,809,029 (100.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Re-elect Wael Sawan as Director” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

22. Reappoint Ernst & Young LLP as Auditors

AUDIT-RELATED

Meeting held 2025-05-20; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (673,677,540 for, 131,489 against).

FOR: 673,677,540 (100.0%)AGAINST: 131,489 (0.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Reappoint Ernst & Young LLP as Auditors” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Vanguard	183,621,000	For
Fidelity	128,055,190	For
Capital Group	79,399,246	For
TIAA	35,092,158	For
Dimensional	31,908,087	For
Goldman Sachs	27,920,771	For
FIRST EAGLE FUNDS	22,449,113	For
State Street	14,946,557	For
EUPAC FUND	14,274,155	For
T. Rowe Price	12,591,537	For
Columbia Threadneedle	9,825,228	For
Northern Trust	7,949,323	For
FRANKLIN MUTUAL SERIES FUNDS	7,734,956	For
Invesco	7,551,469	For
AllianceBernstein	6,967,394	For
DWS	4,467,158	For
Franklin Custodian Funds	4,000,000	For
American Century	3,699,309	For
Franklin Templeton	3,427,813	For
Victory Capital	3,339,131	For
Putnam	3,250,309	For
Thrivent	3,147,664	For
Equitable	3,064,008	For
Thornburg	3,035,600	For
TEMPLETON FUNDS	2,784,975	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

23. Request Company Disclose Whether and How Its: Demand Forecast For LNG; LNG Production And Sales Targets; And New Capital Expenditure In Natural Gas Assets; Are Consistent With Climate Commitments, Including Target To Reach Net Zero Emissions By 2025

ENVIRONMENT OR CLIMATE

Meeting held 2025-05-20; no official results are on file for this meeting.

4% fund support · no official result

AGAINST 96%

The 96 asset managers below cast 4% of the shares they voted on this item FOR (19,403,428 for, 533,669,547 against).

FOR: 19,403,428 (3.5%)AGAINST: 533,669,547 (95.6%)ABSTAIN: 5,439,158 (1.0%)NOT VOTED: 7,059 (0.0%)

Largest asset managers voting on “Request Company Disclose Whether and How Its: Demand Forecast For LNG; LNG Production And Sales Targets; And N” at SHELL PLC, 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	0	176,827,018	0	Against
Capital Group	0	71,379,059	0	Against
Fidelity	413	69,800,813	0	Against
TIAA	0	34,108,411	0	Against
Goldman Sachs	0	27,633,480	0	Against
FIRST EAGLE FUNDS	0	22,449,113	0	Against
State Street	0	14,937,835	0	Against
EUPAC FUND	0	14,274,155	0	Against
Dimensional	0	11,325,511	0	Against
Columbia Threadneedle	0	9,639,239	0	Against
T. Rowe Price	0	8,663,129	0	Against
Northern Trust	7,949,323	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	0	7,734,956	0	Against
Invesco	0	7,065,015	0	Against
AllianceBernstein	6,943,964	0	0	For
DWS	0	4,467,158	0	Against
Putnam	0	3,250,309	0	Against
Franklin Templeton	0	3,098,087	0	Against
Thornburg	0	0	3,035,600	Abstain
Equitable	1,417,912	1,520,315	0	Against
TEMPLETON FUNDS	0	2,784,975	0	Against
American Century	0	2,738,251	0	Against
Artisan	0	2,728,758	0	Against
Prudential/PGIM	0	2,631,083	0	Against
Thrivent	0	2,498,765	0	Against

Showing the 25 largest of 96 asset managers. See all 96 in the interactive database.

24. AUTHORITY TO MAKE OFF-MARKET PURCHASES OF OWN SHARES

CORPORATE GOVERNANCE

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 56 asset managers below cast 100% of the shares they voted on this item FOR (47,634,102 for, 0 against).

FOR: 47,634,102 (100.0%)UNKNOWN: 12 (0.0%)

Largest asset managers voting on “AUTHORITY TO MAKE OFF-MARKET PURCHASES OF OWN SHARES” at SHELL PLC, 2024-2025
Asset manager	For	Vote
HARDING LOEVNER FUNDS INC	10,814,984	For
Six Circles Trust	10,574,531	For
John Hancock	6,504,339	For
Bridge Builder Trust	6,352,656	For
BlackRock	4,072,314	For
Jackson National	3,871,410	For
BBH Trust	1,038,952	For
Lincoln Financial	551,898	For
Managed Account Series	502,238	For
TOUCHSTONE STRATEGIC TRUST	405,719	For
Gabelli	402,900	For
Morningstar Funds Trust	233,544	For
Guardian Variable Products Trust	226,727	For
Cambria ETF Trust	163,284	For
CARILLON SERIES TRUST	155,400	For
Pacer Funds Trust	145,298	For
ADVISORS SERIES TRUST	138,140	For
Investment Managers Series Trust	135,000	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	For
Advisors' Inner Circle Fund III	121,900	For
CULLEN FUNDS TRUST	114,992	For
Ultimus Managers Trust	84,517	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	82,794	For
Calamos	82,300	For
FundVantage Trust	75,700	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

25. REMUNERATION OF AUDITORS

AUDIT-RELATED

Meeting held 2025-05-20; no official results are on file for this meeting.

99.6% fund support · no official result

FOR 99.6%

The 56 asset managers below cast 99.6% of the shares they voted on this item FOR (47,392,408 for, 157,223 against).

FOR: 47,392,408 (99.7%)AGAINST: 157,223 (0.3%)UNKNOWN: 900 (0.0%)

Largest asset managers voting on “REMUNERATION OF AUDITORS” at SHELL PLC, 2024-2025
Asset manager	For	Against	Vote
HARDING LOEVNER FUNDS INC	10,814,984	0	For
Six Circles Trust	10,574,531	0	For
John Hancock	6,504,339	0	For
Bridge Builder Trust	6,352,656	0	For
BlackRock	4,072,314	0	For
Jackson National	3,871,410	0	For
BBH Trust	1,038,952	0	For
Lincoln Financial	551,898	0	For
Managed Account Series	502,238	0	For
TOUCHSTONE STRATEGIC TRUST	405,719	0	For
Gabelli	402,900	0	For
Morningstar Funds Trust	233,544	0	For
Guardian Variable Products Trust	226,727	0	For
Cambria ETF Trust	163,284	0	For
CARILLON SERIES TRUST	155,400	0	For
Pacer Funds Trust	145,298	0	For
ADVISORS SERIES TRUST	138,140	0	For
Investment Managers Series Trust	135,000	0	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	0	For
Advisors' Inner Circle Fund III	0	121,900	Against
CULLEN FUNDS TRUST	114,992	0	For
Ultimus Managers Trust	84,517	0	For
Calamos	82,300	0	For
FundVantage Trust	75,700	0	For
CITY NATIONAL ROCHDALE FUNDS	70,311	0	For

Showing the 25 largest of 56 asset managers. See all 56 in the interactive database.

26. AUTHORITY TO MAKE ON-MARKET PURCHASES OF OWN SHARES

CORPORATE GOVERNANCE

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (47,630,698 for, 0 against).

FOR: 47,630,698 (100.0%)UNKNOWN: 12 (0.0%)

Largest asset managers voting on “AUTHORITY TO MAKE ON-MARKET PURCHASES OF OWN SHARES” at SHELL PLC, 2024-2025
Asset manager	For	Vote
HARDING LOEVNER FUNDS INC	10,814,984	For
Six Circles Trust	10,574,531	For
John Hancock	6,504,339	For
Bridge Builder Trust	6,352,656	For
BlackRock	4,072,314	For
Jackson National	3,871,410	For
BBH Trust	1,038,952	For
Lincoln Financial	551,898	For
Managed Account Series	502,238	For
TOUCHSTONE STRATEGIC TRUST	405,719	For
Gabelli	402,900	For
Morningstar Funds Trust	233,544	For
Guardian Variable Products Trust	226,727	For
Cambria ETF Trust	163,284	For
CARILLON SERIES TRUST	155,400	For
Pacer Funds Trust	145,298	For
ADVISORS SERIES TRUST	138,140	For
Investment Managers Series Trust	135,000	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	For
Advisors' Inner Circle Fund III	121,900	For
CULLEN FUNDS TRUST	114,992	For
Ultimus Managers Trust	84,517	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	82,794	For
Calamos	82,300	For
FundVantage Trust	75,700	For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

27. AUTHORITY TO ALLOT SHARES

CAPITAL STRUCTURE

Meeting held 2025-05-20; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 54 asset managers below cast 99.8% of the shares they voted on this item FOR (47,515,030 for, 85,724 against).

FOR: 47,515,030 (99.8%)AGAINST: 85,724 (0.2%)UNKNOWN: 12 (0.0%)

Largest asset managers voting on “AUTHORITY TO ALLOT SHARES” at SHELL PLC, 2024-2025
Asset manager	For	Vote
HARDING LOEVNER FUNDS INC	10,814,984	For
Six Circles Trust	10,574,531	For
John Hancock	6,504,339	For
Bridge Builder Trust	6,352,656	For
BlackRock	4,072,314	For
Jackson National	3,871,410	For
BBH Trust	1,038,952	For
Lincoln Financial	551,898	For
Managed Account Series	502,238	For
TOUCHSTONE STRATEGIC TRUST	405,719	For
Gabelli	402,900	For
Morningstar Funds Trust	233,544	For
Guardian Variable Products Trust	226,727	For
Cambria ETF Trust	163,284	For
CARILLON SERIES TRUST	155,400	For
Pacer Funds Trust	145,298	For
ADVISORS SERIES TRUST	138,140	For
Ultimus Managers Trust	137,367	For
Investment Managers Series Trust	135,000	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	For
Advisors' Inner Circle Fund III	121,900	For
CULLEN FUNDS TRUST	114,992	For
Calamos	82,300	For
FundVantage Trust	75,700	For
CITY NATIONAL ROCHDALE FUNDS	70,311	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

28. Authority to make certain donations/incur expenditure

CAPITAL STRUCTURE

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 54 asset managers below cast 99.9% of the shares they voted on this item FOR (47,561,548 for, 39,206 against).

FOR: 47,561,548 (99.9%)AGAINST: 39,206 (0.1%)UNKNOWN: 12 (0.0%)

Largest asset managers voting on “Authority to make certain donations/incur expenditure” at SHELL PLC, 2024-2025
Asset manager	For	Vote
HARDING LOEVNER FUNDS INC	10,814,984	For
Six Circles Trust	10,574,531	For
John Hancock	6,504,339	For
Bridge Builder Trust	6,352,656	For
BlackRock	4,072,314	For
Jackson National	3,871,410	For
BBH Trust	1,038,952	For
Lincoln Financial	551,898	For
Managed Account Series	502,238	For
TOUCHSTONE STRATEGIC TRUST	405,719	For
Gabelli	402,900	For
Morningstar Funds Trust	233,544	For
Guardian Variable Products Trust	226,727	For
Cambria ETF Trust	163,284	For
CARILLON SERIES TRUST	155,400	For
Pacer Funds Trust	145,298	For
ADVISORS SERIES TRUST	138,140	For
Ultimus Managers Trust	137,367	For
Investment Managers Series Trust	135,000	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	For
Advisors' Inner Circle Fund III	121,900	For
CULLEN FUNDS TRUST	114,992	For
Calamos	82,300	For
FundVantage Trust	75,700	For
CITY NATIONAL ROCHDALE FUNDS	70,311	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

29. DISAPPLICATION OF PRE-EMPTION RIGHTS

CORPORATE GOVERNANCE

Meeting held 2025-05-20; no official results are on file for this meeting.

99.7% fund support · no official result

FOR 99%

The 54 asset managers below cast 99.7% of the shares they voted on this item FOR (47,019,826 for, 125,178 against).

FOR: 47,019,826 (98.9%)AGAINST: 125,178 (0.3%)ABSTAIN: 402,900 (0.8%)UNKNOWN: 12 (0.0%)

Largest asset managers voting on “DISAPPLICATION OF PRE-EMPTION RIGHTS” at SHELL PLC, 2024-2025
Asset manager	For	Against	Abstain	Vote
HARDING LOEVNER FUNDS INC	10,814,984	0	0	For
Six Circles Trust	10,574,531	0	0	For
John Hancock	6,504,339	0	0	For
Bridge Builder Trust	6,352,656	0	0	For
BlackRock	4,072,314	0	0	For
Jackson National	3,871,410	0	0	For
BBH Trust	1,038,952	0	0	For
Lincoln Financial	551,898	0	0	For
Managed Account Series	502,238	0	0	For
TOUCHSTONE STRATEGIC TRUST	405,719	0	0	For
Gabelli	0	0	402,900	Abstain
Morningstar Funds Trust	233,544	0	0	For
Guardian Variable Products Trust	226,727	0	0	For
Cambria ETF Trust	163,284	0	0	For
CARILLON SERIES TRUST	155,400	0	0	For
Pacer Funds Trust	145,298	0	0	For
ADVISORS SERIES TRUST	138,140	0	0	For
Investment Managers Series Trust	135,000	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	0	0	For
Advisors' Inner Circle Fund III	121,900	0	0	For
CULLEN FUNDS TRUST	114,992	0	0	For
Ultimus Managers Trust	45,063	39,454	0	For
Calamos	82,300	0	0	For
FundVantage Trust	75,700	0	0	For
CITY NATIONAL ROCHDALE FUNDS	70,311	0	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

30. REAPPOINTMENT OF AUDITORS

AUDIT-RELATED

Meeting held 2025-05-20; no official results are on file for this meeting.

99.6% fund support · no official result

FOR 99.6%

The 54 asset managers below cast 99.6% of the shares they voted on this item FOR (47,403,189 for, 157,223 against).

FOR: 47,403,189 (99.7%)AGAINST: 157,223 (0.3%)UNKNOWN: 900 (0.0%)

Largest asset managers voting on “REAPPOINTMENT OF AUDITORS” at SHELL PLC, 2024-2025
Asset manager	For	Against	Vote
HARDING LOEVNER FUNDS INC	10,814,984	0	For
Six Circles Trust	10,574,531	0	For
John Hancock	6,504,339	0	For
Bridge Builder Trust	6,352,656	0	For
BlackRock	4,072,314	0	For
Jackson National	3,871,410	0	For
BBH Trust	1,038,952	0	For
Lincoln Financial	551,898	0	For
Managed Account Series	502,238	0	For
TOUCHSTONE STRATEGIC TRUST	405,719	0	For
Gabelli	402,900	0	For
Morningstar Funds Trust	233,544	0	For
Guardian Variable Products Trust	226,727	0	For
Cambria ETF Trust	163,284	0	For
CARILLON SERIES TRUST	155,400	0	For
Pacer Funds Trust	145,298	0	For
ADVISORS SERIES TRUST	138,140	0	For
Investment Managers Series Trust	135,000	0	For
TRUST FOR PROFESSIONAL MANAGERS	131,187	0	For
Advisors' Inner Circle Fund III	0	121,900	Against
CULLEN FUNDS TRUST	114,992	0	For
Ultimus Managers Trust	97,913	0	For
Calamos	82,300	0	For
FundVantage Trust	75,700	0	For
CITY NATIONAL ROCHDALE FUNDS	70,311	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

31. Request Company Disclose Whether and How Its: Demand Forecast For LNG; LNG Production And Sales Targets; And New Capital Expenditure In Natural Gas Assets; Are Consistent With Climate Commitments, Including Target To Reach Net Zero Emissions By 2050

ENVIRONMENT OR CLIMATE

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

4% fund support · no official result

AGAINST 96%

The 49 asset managers below cast 4% of the shares they voted on this item FOR (4,832,841 for, 110,464,055 against).

FOR: 4,832,841 (4.2%)AGAINST: 110,464,055 (95.8%)

Largest asset managers voting on “Request Company Disclose Whether and How Its: Demand Forecast For LNG; LNG Production And Sales Targets; And N” at SHELL PLC, 2024-2025
Asset manager	For	Against	Vote
Fidelity	26,871	58,227,093	Against
Dimensional	0	20,582,576	Against
Capital Group	0	8,020,187	Against
Vanguard	3,987,448	2,806,534	For
Franklin Custodian Funds	0	4,000,000	Against
T. Rowe Price	0	3,928,408	Against
Victory Capital	0	1,780,048	Against
Lord Abbett	0	1,770,507	Against
Advisors' Inner Circle Fund III	0	1,497,887	Against
Nuveen	0	1,086,070	Against
TIAA	0	983,747	Against
American Century	0	961,058	Against
Franklin Investors Securities Trust	0	875,000	Against
First Trust	0	706,704	Against
Thrivent	0	648,899	Against
Invesco	0	486,454	Against
HOTCHKIS & WILEY FUNDS /DE/	339,684	0	For
Franklin Templeton	0	329,726	Against
AMERICAN BEACON FUNDS	301,771	0	For
Goldman Sachs	0	287,291	Against
STEWARD FUNDS, INC.	0	215,682	Against
Columbia Threadneedle	0	185,989	Against
LIBERTY ALL STAR EQUITY FUND	0	145,792	Against
RBB FUND, INC.	0	145,192	Against
Equitable	0	125,781	Against

Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.

32. Remuneration Report

COMPENSATION

Meeting held 2025-05-20; no official results are on file for this meeting.

100% fund support · no official result

FOR 99.9%

The 40 asset managers below cast 100% of the shares they voted on this item FOR (122,557,970 for, 0 against).

FOR: 122,557,970 (100.0%)ABSTAIN: 16,721 (0.0%)

Largest asset managers voting on “Remuneration Report” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Union Investment Privatfonds GmbH	29,075,572	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
ALGERT GLOBAL LLC	352,540	For
FAYEZ SAROFIM & CO	292,941	For
Victory Capital	286,238	For
Union Investment Institutional GmbH	239,922	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For

Showing the 25 largest of 40 asset managers. See all 40 in the interactive database.

33. Elect Abraham Schot

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 36 asset managers below cast 98% of the shares they voted on this item FOR (90,605,081 for, 2,045,055 against).

FOR: 90,605,081 (97.8%)AGAINST: 2,045,055 (2.2%)

Largest asset managers voting on “Elect Abraham Schot” at SHELL PLC, 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	29,215,285	0	For
Vanguard	28,627,590	0	For
Hartford	16,015,106	0	For
Prudential/PGIM	2,858,294	2,045,055	For
Russell Investments	2,783,866	0	For
SEI	1,695,754	0	For
Fidelity	1,300,847	0	For
Federated Hermes	1,087,751	0	For
Brighthouse	999,322	0	For
Pacific Life	840,264	0	For
Datum One Series Trust	683,415	0	For
Neuberger Berman	559,883	0	For
Adviser Managed Trust	492,480	0	For
Mercer Funds	489,800	0	For
Equitable	434,123	0	For
Morningstar Funds Trust	410,362	0	For
Empower	409,700	0	For
VanEck Funds	356,700	0	For
Victory Capital	286,238	0	For
VanEck VIP Trust	193,900	0	For
Nationwide	173,017	0	For
New York Life	130,218	0	For
Northwestern Mutual	114,113	0	For
Morgan Stanley	105,087	0	For
SEI Exchange Traded Funds	103,279	0	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

34. Elect Ann F. Godbehere

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Ann F. Godbehere” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

35. Elect Catherine J. Hughes

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Catherine J. Hughes” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

36. Elect Cyrus Taraporevala

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Cyrus Taraporevala” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

37. Elect Dick Boer

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Dick Boer” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

38. Elect Jane Holl Lute

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Jane Holl Lute” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

39. Elect Leena Srivastava

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Leena Srivastava” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

40. Elect Neil A.P. Carson

DIRECTOR ELECTIONS

Meeting held 2025-05-20; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 36 asset managers below cast 100% of the shares they voted on this item FOR (92,650,136 for, 0 against).

FOR: 92,650,136 (100.0%)

Largest asset managers voting on “Elect Neil A.P. Carson” at SHELL PLC, 2024-2025
Asset manager	For	Vote
Charles Schwab	29,215,285	For
Vanguard	28,627,590	For
Hartford	16,015,106	For
Prudential/PGIM	4,903,349	For
Russell Investments	2,783,866	For
SEI	1,695,754	For
Fidelity	1,300,847	For
Federated Hermes	1,087,751	For
Brighthouse	999,322	For
Pacific Life	840,264	For
Datum One Series Trust	683,415	For
Neuberger Berman	559,883	For
Adviser Managed Trust	492,480	For
Mercer Funds	489,800	For
Equitable	434,123	For
Morningstar Funds Trust	410,362	For
Empower	409,700	For
VanEck Funds	356,700	For
Victory Capital	286,238	For
VanEck VIP Trust	193,900	For
Nationwide	173,017	For
New York Life	130,218	For
Northwestern Mutual	114,113	For
Morgan Stanley	105,087	For
SEI Exchange Traded Funds	103,279	For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

Showing the 40 reported items with the widest manager coverage, of 96 in total. View every item.

Largest SHELL PLC shareholders voting in 2024-2025

Ranked by the number of SHELL PLC shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 6,084,228,376 shares outstanding at the time of that meeting.

Top SHELL PLC shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	BlackRock	3.75%
2	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	0.39%
3	EAGLE CAPITAL MANAGEMENT LLC	0.19%
4	HARDING LOEVNER FUNDS INC	0.18%
5	HARDING LOEVNER LP	0.17%
6	Six Circles Trust	0.17%
7	John Hancock	0.11%
8	Bridge Builder Trust	0.10%
9	Korea Investment CORP	0.09%
10	Trinity Street Asset Management LLP	0.08%

Reported SHELL PLC ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

SHELL PLC beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
BlackRock, Inc.	7.52%	13G

Percentages above are of 6,084,228,376 shares outstanding, as reported by SHELL PLC on its Form 20-F dated 2024-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from SHELL PLC’s 20-F dated 2024-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At SHELL PLC's shareholder meeting held 2025-05-20, in the 2024-2025 proxy season, 360 asset managers reported how they voted in their SEC Form N-PX filings, covering 18,210 separate fund positions. Their filings are grouped here into 96 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approval of Directors' Remuneration Report — the reporting funds cast 99.7% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

SHELL PLC proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.