SHELL ALASKA. December Use this area for cover image (height 6.5cm, width 8cm) Shell Exploration & Production Co.

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1 SHELL ALASKA December 2014 Use this area for cover image (height 6.5cm, width 8cm) Shell Exploration & Production Co. 1

2 DEFINITIONS AND CAUTIONARY NOTE The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this presentation Shell, Shell group and Royal Dutch Shell are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words we, us and our are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. Subsidiaries, Shell subsidiaries and Shell companies as used in this presentation refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Companies over which Shell has joint control are generally referred to joint ventures and companies over which Shell has significant influence but neither control nor joint control are referred to as associates. In this presentation, joint ventures and associates may also be referred to as equity-accounted investments. The term Shell interest is used for convenience to indicate the direct and/or indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch 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 Royal Dutch 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 anticipate, believe, could, estimate, expect, goals, intend, may, 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 Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this presentation, 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, 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; and (m) changes in trading conditions. All forward-looking statements contained in this presentation 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 Royal Dutch Shell s 20-F for the year ended December 31, 2012 (available at and ). These risk factors also expressly qualify all forward looking statements contained in this presentation and should be considered by the reader. Each forward-looking statement speaks only as of the date of this presentation, May 21, Neither Royal Dutch 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 presentation. We may have used certain terms, such as resources, in this presentation that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No , available on the SEC website You can also obtain these forms from the SEC by calling SEC Copyright of Shell Exploration & Production Co. 2

3 CHUKCHI AND BEAUFORT LEASE SITES Copyright of Shell Exploration & Production Co. 3

PROGRAM OVERVIEW 2013-2015 Committed to developing Alaska s Outer Continental Shelf at a measured and responsible pace.

4 PROGRAM OVERVIEW Committed to developing Alaska s Outer Continental Shelf at a measured and responsible pace Ice gouge, shallow hazard surveys Pause exploration activity Potential 2015 Chukchi Sea Two drilling rigs: Noble Discoverer & Transocean s Polar Pioneer Support vessels, similar to 2012 Anchor handlers, ice management, oil spill response, supply & towing 4

CURRENT KEY ASSETS Arctic Containment System USCG Certificate of

semi-submersible drilling rig Designed specifically to drill in harsh

Singapore in July for modifications Noble Discoverer Noble repair/major

5 CURRENT KEY ASSETS Arctic Containment System USCG Certificate of Inspection Oct 12/BSEE deployment Mar 13 Polar Pioneer Transocean semi-submersible drilling rig Designed specifically to drill in harsh climates Recent completed drilling in North Sea for Statoil Arrived in Singapore in July for modifications Noble Discoverer Noble repair/major refurbishment in S. Korea & Singapore Engine and propulsion change out, winterization upgrades

Noble Discoverer Polar Pioneer Chukchi Sea Burger Prospects 2015 Logistics Resource Map Updated 10/24/14 (1) Ice Management Vessel (Fennica) (1) Ice Management Vessel (Nordica) (1) Anchor Handler

(Explorer) (1) OSV (Sisuaq) (1) Tug & Barge (Guardsman /Klamath) (1) Oil Spill Response Vessel (Nanuq) (1) Tanker (TBN) Logistics Terminal Operations Wainwright Oil Spill Response Ops 24 Bed Space

Helo (2) Hangars (1) PSO Over-flight A/C (TBN) Aviation Terminal (115) Bed Space Camps Hotel Contingency (144 Beds) (1) Tug & Barge (ACS/Corbin Foss) (1) Tug & Barge (Point Oliktok/Endeavor) (1) Tug

6 Noble Discoverer Polar Pioneer Chukchi Sea Burger Prospects 2015 Logistics Resource Map Updated 10/24/14 (1) Ice Management Vessel (Fennica) (1) Ice Management Vessel (Nordica) (1) Anchor Handler (Aiviq) (1) Anchor Handler (Ross Chouest) (1) Anchor Handler (Tor Viking) (1) Tow Vessel for Relief Rig (Ocean Wind) (1) Tow Vessel for Relief Rig (Ocean Wave) (1) Drill Discharge Monitoring Vessel (Explorer) (1) OSV (Sisuaq) (1) Tug & Barge (Guardsman /Klamath) (1) Oil Spill Response Vessel (Nanuq) (1) Tanker (TBN) Logistics Terminal Operations Wainwright Oil Spill Response Ops 24 Bed Space Capability Storage & Lay down space Logistics Terminal Operations Point Barrow Arctic Challenger and Oil Spill Response Spill Containment System Kotzebue Sound (3) S-92 Crew Change Helos (1) S-92 SAR Helo (2) Hangars (1) PSO Over-flight A/C (TBN) Aviation Terminal (115) Bed Space Camps Hotel Contingency (144 Beds) (1) Tug & Barge (ACS/Corbin Foss) (1) Tug & Barge (Point Oliktok/Endeavor) (1) Tug & Barge (American Trader / Barbara Foss) (1) Tug & Barge (Tuuq /Lauren Foss) (1) Landing Craft (Arctic Seal) (1) Crew Boat (Diana G.) Dock space and Storage (Kotzebue) Contingency Hotel Space (Kotzebue) Offshore Supply Vessels Transit Routes Kotzebue Sound Dutch Harbor OSV Supply Route Logistics Terminal Operations Dutch Harbor Logistics Terminal Operations Anchorage (1) Crew Change Jet (TBN) Passenger Processing Terminal Contingency Hotel Space Charters to Dutch Harbor, Wainwright, and Kotzebue (1) OSV (Champion) (1) OSV (Supporter) Shell Exploration & Production Co. Storage & Lay down space Dock space Contingency Hotel Space (1) Support Tug (TBN) (1) OSR Tanker (TBN) July 6

CRITICAL SUCCESS FACTORS MOVING FORWARD We learned valuable lessons in 2012.

7 CRITICAL SUCCESS FACTORS MOVING FORWARD We learned valuable lessons in The key actions that we are putting in place to drive continued improvement and efficiencies are: An improved activity planning process; A renewed focus on contractor management; A strengthened Arctic organization; and Bolstered marine assurance processes. Shell Oil Company

8 REMAINING UNCERTAINTIES FOR 2015 Litigation 9 th Circuit Lease Sale 193 Securing federal permits BOEM air authorizations DOI Arctic Regulations Shell Exploration & Production Co.

9 SHELL S REPUTATION & ARCTIC INTEREST 9

2012 LOGISTIC S SUCCESS Trained 2900+ personnel 23 Vessels safely

fixed-wing aircraft flights More than 650+ personnel offshore at any

25 mln gallons of fuel transferred offshore with no spills More than

11 2012 LOGISTIC S SUCCESS Trained personnel 23 Vessels safely travelled more than 240,000 miles More than 500 helicopter & 500 fixed-wing aircraft flights More than 650+ personnel offshore at any time. Man-camps in communities Miami Heat jet More than 3.25 mln gallons of fuel transferred offshore with no spills More than 25,000 tons of cargo moved Shell Exploration & Production Company Alaska Venture 11

Rig Length: 279 ft Width: 233 ft Draft: 30 ft Accommodations: 100

12 DRILLING RIGS Discoverer Drilling Rig Length: 514 ft Width: 71 ft Draft: 26 ft Accommodations: 124 Owner/Operator: Noble Corporation Polar Pioneer Drilling Rig Length: 279 ft Width: 233 ft Draft: 30 ft Accommodations: 100 Owner/Operator: TransOcean (Panama) Shell Exploration & Production Company Alaska Venture 12

FIBRE OPTIC BASED GAS LIFT SURVEILLANCE USING DISTRIBUTED TEMPERATURE SENSING & DISTRIBUTED ACOUSTIC SENSING

FIBRE OPTIC BASED GAS LIFT SURVEILLANCE USING DISTRIBUTED TEMPERATURE SENSING & DISTRIBUTED ACOUSTIC SENSING 39 TH GAS-LIFT WORKSHOP HOUSTON, TEXAS, USA MAY 16 20, 2016 Gijs Hemink Shell Global Solutions