Shell’s Statement Regarding the Sales of its Holding in SPL.

Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has announced its intention to sell its holding in Shell Pakistan Limited (SPL), simplifying Shell’s portfolio.

Shell Pakistan has been in the country for 75 years and has a substantial retail footprint and a strong lubricants business.

Any sale will be subject to a targeted sales process, the execution of binding documentation and the receipt of applicable regulatory approvals. Shell is seeing strong interest from international buyers.

SPL remains committed to delivering safe, reliable operations.