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#PoweringProgressTHIRD QUARTER 2022 RESULTSROBUST RESULTS FROM A RESILIENT PORTFOLIOOctober 27, 2022Shell plc Shell plc | October 27, 2022 2“Adjusted Earnings” is the income attributable to Shellplc shareholders for the period, adjusted for the after-tax effect of oil price changes on inventory and for identified items, and excludes earnings attributable to non-controlling interest. In this presentation, “earnings” refers to “Adjusted Earnings” unless stated otherwise. We define “Adjusted EBITDA“as “Income/(loss) for the period“adjusted for current cost of supplies; identified items; tax charge/(credit); depreciation, amortisation and depletion; exploration well write-offs and net interest expense. All items include the non-controlling interest component. In this presentation, “operating expenses”, “costs” and “underlying costs” refer to “Underlying operating expenses” unless stated otherwise. Underlying operating expenses represent “operating expenses excluding identified items”. Oper...