Pennsylvania plant brings jobs, skills and opportunity

─ After 10 years of planning and construction, Shell has started operations at a new multi-billion-dollar petrochemical facility ─ View in browser [Shell] [shell] [View in browser]( [Shell Polymers Monaca] [Shell Polymers Monaca] January 2023 Dear {NAME}, After 10 years of planning and construction, Shell has started operations at a new multi-billion-dollar petrochemical facility in south-west Pennsylvania, USA. Shell Polymers Monaca manufactures polyethylene – a building block for a wide range of plastic products, such as containers, food packaging, piping and other household goods – and has a designed output of 1.6 million tonnes a year. The facility generates all its own electricity, fuelled by natural gas from the nearby Marcellus and Utica shale formations, and on average can export excess electricity to power 50,000 local homes a day. The construction of the new plant brought some 9,000 workers to the site, and it has created around 600 permanent jobs. [Find out more >]( [Shell CEO Wael Sawan] [Shell CEO Wael Sawan] Meet the new CEO Wael Sawan As he steps into his [new role as Chief Executive Officer]( Wael Sawan discusses the energy transition, and why a strong focus on performance will be vital for Shell. [Watch the video >]( [Offshore wind turbines] [Offshore wind turbines] Shell and Eneco to build new offshore wind farm The Ecowende joint venture in the Netherlands will have an installed capacity of 760 MW – enough to decarbonise about 3% of the current Dutch electricity demand. [Find out more >]( [Nissan Formula E Gen3 car] [Nissan Formula E Gen3 car] Nissan Formula E team unveils Gen3 all-electric race car The vehicle, which uses Shell’s bespoke E-Transmission Fluid, will race during Season 9 of the FIA Formula E World Championship. [Find out more >]( In case you missed it: ● Shell to [acquire Danish biogas producer Nature Energy]( in boost for low-carbon fuels production. ● Purchase of Nigerian [solar provider Daystar]( completed – Shell’s first power acquisition in Africa. ● Shell Energy announces [first West Australian wind project]( with 50% acquisition of Kondinin Energy. ● [Decarbonising Steel report]( highlights the barriers to reducing industry emissions and the importance of collaboration to deliver solutions. You can find all our latest reports at our online reporting hub [here](. To find out more about [Powering Progress]( and all our stories, please visit [shell.com]( and follow Shell on social media. [Twitter]( [linkedin]( [Instagram]( [Facebook]( [Youtube]( [Shell] Thanks for reading. This email was sent to you by Shell. To ensure delivery to your inbox (not junk folders), please add our email address poweringprogress@email.shell.com to your address book. [View our Privacy policy here]( [Unsubscribe from these emails]( [Share your feedback with us]( Copyright © Shell U.K. Limited: Shell Centre London SE1 7NA - All rights reserved This newsletter was published on January 18, 2023 Cautionary Note The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this newsletter “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 newsletter refer to entities over which Shell plc either directly or indirectly has control. 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No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this newsletter 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, 2021 (available at [www.shell.com/investor]( and [www.sec.gov](. These risk factors also expressly qualify all forward-looking statements contained in this newsletter and should be considered by the reader. Each forward-looking statement speaks only as of the date of this newsletter, January 18th 2023. 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 newsletter. Shell’s net carbon footprint Also, in this newsletter we may refer to Shell’s “Net Carbon Footprint” or “Net Carbon Intensity”, which include 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 Footprint” or “Net Carbon Intensity” are 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 Footprint (NCF) targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCF target, as these targets are 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 newsletter may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. 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