Shell Unveils New Gift Card Format, Delivering Convenience, and Premium Service and Energy for Every Journey

Shell is introducing the Shell Gift Card, a new type of card designed to provide both convenience and premium quality, catering to individual customers and businesses seeking a high-quality energy solution. This gift card is an ideal choice for rewarding employees, clients, and VIPs, offering the convenience, value, and premium experience associated with Shell products and services. With the Shell Gift Card, every journey is powered by high-quality, dependable energy, making it easy to share the gift of quality energy today. The card will be available for purchase at all Bangkok Bank branches and Shell Card service centres, starting March 14, 2025.

Mr. Omar Sheikh, Executive Director of the Mobility Business at The Shell Company of Thailand Limited, said, “For over 133 years, Shell has been dedicated to developing products and services that cater to needs of the Thai people. Our operations align with Thailand’s economic and social growth, with the goal of providing clean, efficient, and environmentally friendly energy that enhances quality of life. Shell’s products and services do more than refuel your journey but also create a special experience every time you visit a Shell service station. We believe that a great journey begins with high-quality energy. With a launch of Shell Gift Card, we are making it easier for customers to access to Shell’s premium products and services while offering a valuable and convenient gifting option for those looking to share a remarkable experience with someone important.”

The Shell Gift Card allows customer to customise the cards’ value, starting from THB 300 up to THB 50,000, with a validity period of one year. It’s available in two options;

1. Shell All Products Card – A versatile gift card that can be used for all services at Shell stations, including refuelling, purchasing items at Shell Select convenience stores, enjoying beverages at Shell Café or Deli Café, and getting an oil change at Shell Helix Plus or Shell Advance MotoCare Express service centres. Excludes use at Shell Recharge stations.
2. Shell V-Power Card – A specialised gift card designed for refuelling with Shell V-Power Shell’s premium high-quality fuel.

Shell Gift Card provide a versatile solution tailored to a wide range of customers. For individuals, they provide the perfect way to enhance every journey with high-quality energy with someone special. In the B2B sector, transportation and logistics businesses can use Shell Gift Cards to efficiently manage energy costs. Large organisations and SMEs can utilise them as employee incentives or special gifts for business partners. Additionally, industries such as insurance companies, department stores, and automotive OEMs can offer these cards as exclusive privileges to demonstrateappreciation or rewarding their customers.

Purchasing a Shell Gift Card is simple and convenient. Individuals can purchase cards at any Bangkok Bank branch, while corporate customers can place orders through the Shell Card service centre by calling 02 657 9700 during business hours (Monday to Saturday, from 08:00 a.m. to 05:00 p.m.)

To celebrate the launch, Shell is offering an exclusive promotion for purchases made through Shell Card service centres. Customers who buy a Shell V-Power Card valued THB100,000 will receive a THB 3,000 bonus while those purchasing THB 500,000 can enjoy a bonus of up to THB 17,000 This special offer is available from March 14 and May 31, 2025.

“At Shell, we are committed to innovations and a customer-centric approach. The Shell Gift Card is more than just a cash card – it’s a ‘gift of high-quality energy’ for someone important. This initiative reflects Shell’s dedication to providing convenient and valuable solutions, ensuring every customer enjoys an exceptional experience at Shell Stations.

Cautionary Note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. “Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. The term “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking Statements

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “goals”, “intend”, “may”, “milestones”, “objectives”, “outlook”, “plan”, “probably”, “project”, “risks”, “schedule”, “seek”, “should”, “target”, “will” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak, regional conflicts, such as Russia’s invasion of Ukraine, and a significant cybersecurity breach; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2023 (available att www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov) These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, 10 March 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

Shell’s Net Carbon Intensity

Also, in this announcement we may refer to Shell’s “net carbon intensity”, which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell’s “net carbon intensity” is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s Net-Zero Emissions Target

Shell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Intensity (NCI) targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target, as this target is currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

Forward-Looking Non-GAAP measures

This announcement may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

The contents of websites referred to in this announcement do not form part of this announcement.

We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov

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