Striding AI Launches with Plans to Build Next-Generation Robotic Foundation Systems for Physical AI Deployment

Striding AI

Striding AI

BEIJING, June 25, 2026 (GLOBE NEWSWIRE) — Striding AI today announced that it is developing a new generation of robotic foundation systems designed to accelerate the deployment of Physical AI in real-world environments.

The company’s approach focuses on building the foundational technologies required for robots to perceive, reason, act, and continuously improve through interaction with the physical world. By integrating advanced foundation models with robotic perception, control systems, real-world action data, and deployment infrastructure, Striding AI aims to enable intelligent machines to perform useful tasks across commercial, industrial, and everyday settings.

Striding AIStriding AI

“We believe that breakthroughs in Physical AI emerge from the continuous co-evolution of data, models, and infrastructure,” said Song Yao, founder and CEO of Striding AI.

The company takes a systems-first approach to physical AI, integrating foundation models, robot hardware and software, data infrastructure, control systems, and deployment engineering for building scalable service. The company’s leadership team includes founders and executives with backgrounds in AI chips, autonomous driving, robotics research, and industrial technology, combining deep technical expertise with experience bringing complex technologies into production environments.

Striding AI plans to begin with practical deployment scenarios in structured environments such as retail, where robots can support tasks including shelf restocking, inventory counting, product organization, and checkout assistance. These environments provide frequent human interaction, repeatable workflows, and rich operational data, making them a strong starting point for developing scalable Physical AI systems. Over time, Striding AI expects its robotic foundation systems to support broader applications across sectors including retail, food, agriculture, logistics, healthcare, and telecommunications.

In early internal testing, Striding AI’s human-in-the-loop RL method improved task success rates by up to 3x. To scale this flywheel, Striding AI is building infrastructure for robot pretraining, distributed reinforcement learning, and edge-to-cloud orchestration, creating a platform designed to improve as more robots operate in real-world environments.

The capabilities developed in real-world environments, from handling diverse objects and understanding retail shelves to planning and executing complex tasks, are part of an integrated system designed for broader robotic applications. Through this systems-first approach, Striding AI aims to build robots that learn from real-world experience, improve over time, and gradually become part of everyday human environments.

Contact: Jimei Kou, [email protected]

GlobeNewswire Distribution ID 9752371

‫تُعلن Striding AI انطلاقتها مع خطط لبناء أنظمة تأسيسية روبوتية من الجيل التالي لنشر الذكاء الاصطناعي الفيزيائي

Striding AI

Striding AI

BEIJING, June 25, 2026 (GLOBE NEWSWIRE) —

ويركز نهج الشركة على بناء التقنيات الأساسية اللازمة لتمكين الروبوتات من الإدراك، والاستدلال، والتنفيذ، والتحسن المستمر من خلال التفاعل مع العالم المادي. ومن خلال دمج النماذج التأسيسية المتقدمة مع تقنيات الإدراك الروبوتي، وأنظمة التحكم، وبيانات الأفعال الواقعية، وبنية النشر، تسعى Striding AI إلى تمكين الآلات الذكية من أداء مهام مفيدة في البيئات التجارية والصناعية واليومية.

وقال سونغ ياو، مؤسس Striding AI ورئيسها التنفيذي:
“نؤمن بأن الاختراقات في مجال الذكاء الاصطناعي الفيزيائي تنشأ من التطور المتواصل والمشترك بين البيانات والنماذج والبنية التحتية.”

وتتبنى الشركة نهجاً قائماً على الأنظمة أولاً في الذكاء الاصطناعي الفيزيائي، من خلال دمج النماذج التأسيسية، وأجهزة وبرمجيات الروبوتات، وبنية البيانات، وأنظمة التحكم، وهندسة النشر، لبناء خدمات قابلة للتوسع. ويضم فريق القيادة في الشركة مؤسسين وتنفيذيين ذوي خبرات في شرائح الذكاء الاصطناعي، والقيادة الذاتية، وأبحاث الروبوتات، والتقنيات الصناعية، بما يجمع بين الخبرة التقنية العميقة وتجربة إدخال التقنيات المعقدة إلى بيئات الإنتاج.

Striding AI

Striding AI

وتخطط Striding AI للبدء بسيناريوهات نشر عملية في بيئات منظمة مثل قطاع التجزئة، حيث يمكن للروبوتات دعم مهام تشمل إعادة تعبئة الرفوف، وجرد المخزون، وتنظيم المنتجات، والمساعدة في عمليات الدفع. وتوفر هذه البيئات تفاعلاً بشرياً متكرراً، وسير عمل قابلاً للتكرار، وبيانات تشغيلية غنية، ما يجعلها نقطة انطلاق مناسبة لتطوير أنظمة ذكاء اصطناعي فيزيائي قابلة للتوسع.

وعلى المدى الطويل، تتوقع Striding AI أن تدعم أنظمتها الروبوتية التأسيسية تطبيقات أوسع في قطاعات تشمل التجزئة، والأغذية، والزراعة، والخدمات اللوجستية، والرعاية الصحية، والاتصالات. وتتمثل الرؤية طويلة الأمد للشركة في بناء روبوتات تتعلم من التجربة الواقعية، وتتحسن باستمرار، وتصبح جزءاً من البيئات اليومية للبشر.

وفي اختبارات داخلية مبكرة، حسّنت طريقة التعلم المعزز بمشاركة الإنسان لدى Striding AI معدلات نجاح المهام بما يصل إلى ثلاثة أضعاف. ولتوسيع هذه الدورة التطويرية، تعمل Striding AI على بناء بنية تحتية للتدريب المسبق للروبوتات، والتعلم المعزز الموزع، وتنسيق العمليات بين الحافة والسحابة، لتوفير منصة تتحسن مع تشغيل المزيد من الروبوتات في البيئات الواقعية.

وتُعد القدرات المطورة في البيئات الواقعية، من التعامل مع كائنات متنوعة وفهم رفوف المتاجر إلى تخطيط المهام المعقدة وتنفيذها، جزءاً من نظام متكامل مصمم لتطبيقات روبوتية أوسع. ومن خلال هذا النهج القائم على الأنظمة أولاً، تسعى Striding AI إلى بناء روبوتات تتعلم من التجربة الواقعية، وتتحسن بمرور الوقت، وتندمج تدريجياً في البيئات اليومية للبشر.

Contact: Jimei Kou, [email protected]

GlobeNewswire Distribution ID 9752371

Geely Preface TCR Achieves Landmark Result at 2026 Kumho FIA TCR World Tour

VALENCIA, Spain, June 24, 2026 (GLOBE NEWSWIRE) — Geely Cyan Racing achieved a historic milestone at the second round of the 2026 Kumho FIA TCR World Tour, where Santiago Urrutia became the first driver in championship history to win all three races in a single event aboard the Geely Preface TCR.

The landmark result at Spain’s Ricardo Tormo Circuit highlighted the performance, reliability, and engineering capability of Geely’s latest touring car program. Beyond the racetrack, it also demonstrates how international motorsport continues to support vehicle development and product innovation across Geely’s global portfolio.

Santiago Urrutia celebrates his record-breaking triple win at Valencia.

Santiago Urrutia celebrates his record-breaking triple win at Valencia.

Santiago Urrutia celebrates his record-breaking triple win at Valencia.

Santiago Urrutia celebrates his record-breaking triple win at Valencia.

While motorsport is defined by competition, it also serves a critical engineering purpose: validating vehicle performance under extreme conditions and generating insights that contribute to the continuous development of production vehicles. For Geely, every race weekend provides an opportunity to refine technologies, strengthen engineering standards, and enhance the driving experience of the Geely Preface.

Built on Geely’s Compact Modular Architecture (CMA), both the Geely Preface TCR and the production Geely Preface share the same engineering foundation. The platform combines structural strength, dynamic performance, safety, and scalability, supporting vehicle development across both motorsport and production applications.

Geely Preface: Race-Proven Engineering, Real-World Value.
Geely Preface: Race-Proven Engineering, Real-World Value.

Geely Preface: Race-Proven Engineering, Real-World Value.

The demanding conditions of international touring car racing provide a valuable validation environment. High-speed cornering, heavy braking, elevated temperatures, and sustained vehicle loads help engineers further optimize chassis tuning, steering response, thermal management, durability, and overall vehicle performance.

These lessons extend directly to the production Geely Preface. Powered by a 2.0TD turbocharged engine producing 147 kW and 325 N·m of torque, the sedan combines confident performance with everyday usability. A European-tuned chassis, DP-EPS electric power steering system, and high-strength body structure help deliver stability, comfort, and driving confidence across a wide range of road and climate conditions.

The Geely Preface TCR in action on the FIA TCR World Tour.

The Geely Preface TCR in action on the FIA TCR World Tour.

The Geely Preface TCR in action on the FIA TCR World Tour.

Every FIA TCR World Tour event generates valuable real-world data that supports continuous product improvement. By applying lessons learned through international motorsport to production vehicles, Geely continues to translate race-proven engineering into real-world value for customers.

The Geely Preface demonstrates how performance, safety, reliability, and driving confidence developed on the track can create meaningful value for everyday drivers around the world.

Company: Geely Auto International Corporation
Contact Person: Ada Han
Email: [email protected]
Website: global.geely.com

Photos accompanying this announcement are available at

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GlobeNewswire Distribution ID 9751932

Bitget Upgrades CFD Copy Trading With Personalized Risk Controls

Bitget Upgrades CFD Copy Trading With Personalized Risk Controls

Bitget Upgrades CFD Copy Trading With Personalized Risk Controls

Bitget Upgrades CFD Copy Trading With Personalized Risk Controls

VICTORIA, Seychelles, June 24, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has introduced major upgrades to its CFD Copy Trading system, giving followers greater control over risk management through new position sizing models, independent take-profit and stop-loss settings, and advanced exposure controls.

Copy trading has become one of the most popular ways for users to participate in financial markets, allowing traders to replicate the strategies of experienced market participants. However, as adoption has grown, many users have encountered challenges associated with traditional copy trading models, particularly when differences in risk tolerance and trading style create unintended exposure.

To address these concerns, Bitget’s latest upgrade introduces two new position sizing models. Under Fixed Ratio mode, position sizes are automatically adjusted according to the relative account equity of the follower and the trader being copied, reducing the risks associated with capital mismatches. Fixed Lot mode allows followers to define a predetermined position size for every copied trade, giving users more direct control over their exposure regardless of the trader’s order size.

The update also introduces independent take-profit and stop-loss settings for followers, allowing users to establish personal risk thresholds separate from those of the trader they follow. Once a predefined profit or loss level is reached, positions can be automatically closed based on the follower’s individual settings. Additional controls, including maximum copy lot limits and custom lot multipliers, provide further flexibility for both new and experienced users.

“Copy trading does mean giving up control of your account,” said Gracy Chen, CEO of Bitget. “As users become more sophisticated, they want the ability to benefit from experienced traders while managing risk according to their own objectives. This upgrade shifts copy trading from simple strategy replication toward a more personalized and controlled trading experience.”

The enhancements were developed in response to user feedback and reflect a broader industry shift toward more flexible risk management tools. As traders increasingly participate across crypto and traditional financial markets, demand continues to grow for products that balance accessibility with greater control over capital allocation and risk exposure.

The launch follows Bitget’s continued expansion of its CFD offering within the Universal Exchange ecosystem, which brings together crypto, stocks, commodities, foreign exchange products, and derivatives through a unified trading environment. Earlier this month, Bitget was recognized as the “Best Global Multi-Asset Trading Platform” at the Online Trading Expo, marking the company’s first award in the CFD sector and reflecting growing industry recognition of its multi-asset trading strategy. By strengthening risk management capabilities within copy trading, Bitget continues enhancing the tools and infrastructure available to traders participating across global markets.

For more information, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/358c49ac-5ffa-43e6-9ee7-357f2d796ba1


GlobeNewswire Distribution ID 1001209302

Bitget Rewards Cross-Market Trading With New VIP Miracle Badge Program

Bitget Rewards Cross-Market Trading With New VIP Miracle Badge Program

 

Bitget Rewards Cross-Market Trading With New VIP Miracle Badge Program

Bitget Rewards Cross-Market Trading With New VIP Miracle Badge Program

VICTORIA, Seychelles, June 24, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has launched the VIP Miracle Badge Program, a new initiative designed to recognize active traders across crypto, stocks, and CFD markets while expanding access to premium services and exclusive rewards. The program introduces a series of achievement badges tied to trading activity across multiple asset classes and forms part of Bitget’s broader effort to build a comprehensive VIP ecosystem for multi-asset traders.

As trading increasingly moves beyond a single asset class, users are building strategies across crypto, equities, commodities, foreign exchange products, and derivatives. The VIP Miracle Badge Program was created to recognize that evolution, rewarding traders who actively participate across the broader Universal Exchange ecosystem rather than within a single market segment.

“Most traders today rarely stay within one market,” said Gracy Chen, CEO of Bitget. “As users diversify their portfolios and move across markets, expectations around service, execution, and access continue to evolve. The VIP Miracle Badge Program builds on our VIP offering by recognizing trading achievements while giving users access to services and experiences designed for a multi-asset environment.”

The VIP Miracle Badge Program introduces four achievement categories based on trading participation and performance across different markets. The UEX Trading Master badge recognizes users active across multiple asset classes. The Futures Trading Master badge is designed for derivatives traders, while the Stock Trading Master and CFD Trading Master badges recognize participation across tokenized equities, commodities, foreign exchange products, and global indices.

The launch follows a series of initiatives aimed at expanding access to Bitget’s VIP services. Recent programs include the VIP Fast Track Program, which allows eligible traders to access VIP benefits more efficiently, and the VIP Airdrop Season, which provides exclusive opportunities across products and asset categories. Together, these initiatives support Bitget’s Universal Exchange strategy by creating a more connected experience for users participating across crypto and traditional financial markets.

As Bitget continues to expand access to tokenized stocks, commodities, foreign exchange products, and digital assets through a single platform, the VIP Miracle Badge Program adds a new layer of recognition and rewards for traders operating across global markets. The initiative reflects the growing role of multi-asset participation within the Universal Exchange ecosystem and the increasing demand for services built around the needs of active traders.

For more information, visit: https://www.bitget.com/activity/vip-medal

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d9ffa59-32f5-4166-b351-f243ec0be350

GlobeNewswire Distribution ID 1001209101

Shell unveils its Triple 10 Challenge Concept Car

Co-engineered vehicle uses innovative thermal management fluid to enable faster charging, greater efficiency and lower lifecycle emissions

Shell unveils its Triple 10 Challenge Concept Car

The Shell Triple 10 Challenge Concept Car achieves a 10% to 80% charge in under 10 minutes thanks to advanced thermal fluids which avoid the need for large, heavy batteries.

 

LONDON, June 23, 2026 (GLOBE NEWSWIRE) — Shell has today unveiled its Triple 10 Challenge concept car, a ground-breaking proof-of-concept vehicle designed to inspire a new design philosophy for the next generation of battery electric vehicles (EVs).

Shell unveils its Triple 10 Challenge Concept Car
The Shell Triple 10 Challenge Concept Car achieves a 10% to 80% charge in under 10 minutes thanks to advanced thermal fluids which avoid the need for large, heavy batteries.

The Shell Triple 10 Challenge Concept Car achieves a 10% to 80% charge in under 10 minutes thanks to advanced thermal fluids which avoid the need for large, heavy batteries.

This compact, mass-market EV demonstrates next-generation electric vehicle capability, and offers the industry an alternative to the current reliance on ever-larger batteries by re-imagining the fundamentals of thermal management.

A New Benchmark for Efficiency

The vehicle meets three ambitious goals that Shell believes can help drive the future of mass-market electric mobility:

  • Charge Faster – a sub 10-minute charge time
  • Go Further – 10-km/kWh economy,
  • Drive Cleaner – a life cycle 10-tonne CO2e footprint

The Triple 10 Challenge is the first road-worthy vehicle to have successfully demonstrated the potential of a simplified, single-circuit cooling architecture to efficiently manage the thermal load of the car’s entire powertrain, even under the most extreme fast-charging scenario in real-world conditions.

Cara Tredget, VP Mobility & Lubricants Technology for Shell, said:
“With the Triple 10 Challenge concept car, we have unlocked the potential for faster charging, lighter systems and improved lifecycle efficiency by using our advanced thermal fluids. Together with our co-engineering partners, we are proud to develop alternative options for sustainable EV development leveraging technologies that are available today and are scalable to support customers into the future”.

The Shell Triple 10 Challenge Concept car has been designed to achieve 10 km/kWh in driving economy with a smaller, more efficient battery system, adding over 30% improvement in overall energy efficiency compared to many current-generation EVs, enabled by Shell’s advanced thermal fluids that provide optimal thermal management.

The Triple 10 Challenge vehicle is able to charge the battery from 10% to 80% charge in 9 minutes 54 seconds, without compromise to thermal stability or lifespan. While some EVs in market today can charge in under 10 minutes, this requires using an ultra-fast charger in excess of 300kW, which is uncommon on the public charging network. However, the Triple 10 Challenge vehicle is able to attain this on the existing charging network infrastructure using a standard 175kW charger, adding 24km/minute range, compared to typical BEVs at an average 13km/minute range on the same charger – equivalent to almost 90% more range added per minute of charge.

The Triple 10 Challenge concept car is estimated to have a lifecycle carbon footprint of approximately 10 tonnes CO2e1. Enabled by its lightweight design, optimized battery capacity, low-carbon and recyclable materials, together with 100% renewable electricity for vehicle charging, this is estimated to represent around a 50% reduction in lifecycle emissions compared to typical battery electric vehicles in the European market2.

The Technology: Immersive Thermal Management

The key to the Triple 10 Challenge car’s performance is Shell Recharge thermal fluid. Unlike traditional cooling systems that use water-glycol, Shell’s dielectric fluid allows for direct immersion cooling of the battery and powertrain components including the motor and power electronics. By redefining heat management across the battery and powertrain, the team has unlocked the potential for faster charging, lighter systems and improved lifecycle efficiency – using technologies that exist and can scale today, as we look to leading in this space in our business tomorrow.

Unveiled at HORIBA MIRA’s proving ground, the concept car is the culmination of Shell’s Triple 10 Challenge. By incorporating a more compact and efficient battery pack design with fewer modules and using Shell’s advanced thermal fluid, enabling a simplified housing architecture, these improvements contribute to about a 25% reduction in overall battery pack cost compared to a conventional EV.

Furthermore, Shell today announced the integration of Shell’s full EV capabilities together under Shell Recharge – from charging, to fluids, to battery solutions, to create a stronger, single end-to-end offer for both B2B and B2C EV customers. As part of this, the Shell EV-Plus brand will be retired.

Notes to editors

About the Triple 10 Challenge partners

The Shell Triple 10 Challenge Concept Car is a demonstration of the potential of immersive fluid technology and a showcase of British co-engineering excellence. Shell worked alongside leading automotive pioneers to integrate the Shell Recharge thermal fluid and maximise the performance of the car. Partners included:

  • RML: Spearheaded the battery pack architecture and high-performance integration. RML’s engineering utilised Shell’s dielectric fluid to strip out the heavy, complex piping required by traditional water-glycol systems, successfully shrinking the pack and reducing overall vehicle mass.
  • Empel Systems: Developed the advanced electric motor and drive units. By leveraging the highly efficient single-circuit immersive cooling, Empel was able to significantly downsize the motors while maintaining exceptional power density and contributing to the 10-km/kWh efficiency target.
  • HORIBA MIRA: Conducted world-class vehicle integration, testing and validation. Utilising their state-of-the-art VTEOS (Vehicle Thermal and Electrical Optimisation System) rig, HORIBA MIRA validated the single-fluid architecture’s efficacy, subjecting the system to simulated extreme global weather conditions – proving its backwards compatibility with standard radiators.

Shell’s Heritage in Ultra-Efficient Vehicle Innovation

The Shell Triple 10 Challenge Concept Car is the latest in Shell’s rich heritage of developing and advancing ultra-efficient vehicle concepts. Shell’s track record includes Project M, developed in 2016 as an ultra-efficient city car concept focused on addressing the challenges of mass mobility. In commercial transport, Shell’s Starship programme has continued to push the boundaries of freight efficiency since 2018 through successive generations of highly fuel-efficient Class 8 trucks. Most recently, Shell partnered with China’s largest truck manufacturer, FAW, to equip the latest Starship vehicle with an advanced hybrid battery incorporating Shell’s immersive thermal cooling fluid. Shell’s pioneering legacy of efficient mobility innovation extends back to the Shell Eco-marathon, which for more than four decades has provided a global platform for students to design, build and test some of the world’s most energy-efficient vehicles.

Cautionary Note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this [report] “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference 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 [report] refer to entities over which Shell plc either directly or indirectly has control. The terms “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 [report] 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’’; “aspire”, “aspiration”, ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” 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 [report], 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, including climate change; (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 tariffs and 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, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) 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 [report] 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, 2025 (available at 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 [report] and should be considered by the reader. Each forward-looking statement speaks only as of the date of this [report], [insert date]. 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 [report].

Shell’s net carbon intensity

Also, in this [report] we may refer to Shell’s “net carbon intensity” (NCI), 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’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI 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 and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our combined Scope 1 and 2 target, NCI target and our oil products ambition over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks 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 [report] may contain certain forward-looking non-GAAP measures such as [free cash flow] and [underlying operating expenses]. 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 [report] do not form part of this [report].

We may have used certain terms, such as resources, in this [report] 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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1 The Triple 10 Challenge concept vehicle has been developed to demonstrate what is technically achievable under optimized conditions. These conditions include the use of 100% renewable electricity vehicle charging over the 200,000 km lifetime of the vehicle via the Shell Recharge network in the UK, powered by certified renewable electricity. The results are derived from a Shell internal life cycle assessment in line with ISO 14040 &14044 standards drawing on emission factor data from component suppliers and manufacturers, recognized LCA databases and literature publications. Actual results may vary under real-world conditions.
2 The indicated reduction in lifecycle greenhouse gas emissions relative to typical battery electric vehicles is based on a comparison with a published life cycle assessment study conducted by Ricardo in 2023 for the European Commission and assuming the same vehicle lifetime of 200,000 km. Differences in underlying methodological assumptions and vehicle specifications (including vehicle size and battery capacity), as well as use-phase conditions mean that the emissions reduction should be regarded as indicative only. Actual outcomes may vary in real-world applications.

Contact details:
Ben Hibbert, VCCP Roar, E: [email protected]; MN: +447794413044
James Ralph, VCCP Roar, E: [email protected]; MN: +447889002305

Photos accompanying this announcement are available at:

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https://www.globenewswire.com/NewsRoom/AttachmentNg/4de55b2c-15ba-4626-9d74-f95f4c34eb25

Videos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/151be6fb-5b16-465d-9846-24d6acff344d

https://www.globenewswire.com/NewsRoom/AttachmentNg/20f400a5-e590-4ff6-aa64-4f80cfb92e76

https://www.globenewswire.com/NewsRoom/AttachmentNg/46de8f88-f321-4ff7-8503-dcd8e0652616

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