Dividends on A Shares will be paid, by default, in euro at the rate of €0.4195 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by June 1, 2015 will be entitled to a dividend of 30.75p per A Share.
Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 30.75p per B Share. Holders of B Shares who have validly submitted euro currency elections by June 1, 2015 will be entitled to a dividend of €0.4195 per B Share.
This dividend will be payable on June 22, 2015 to those members whose names were on the Register of Members on May 15, 2015.
Taxation cash dividends
Dividends on A Shares will be subject to the deduction of Netherlands dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Provided certain conditions are met, shareholders in receipt of A Share dividends may also be entitled to a non-payable dividend tax credit in the United Kingdom.
Shareholders resident in the United Kingdom, receiving dividends on B Shares through the Dividend Access Mechanism, are entitled to a tax credit. This tax credit is not repayable. Non-residents may also be entitled to a tax credit, if double tax arrangements between the United Kingdom and their country of residence so provide, or if they are eligible for relief given to non-residents with certain special connections with the United Kingdom or to nationals of states in the European Economic Area.
The amount of tax credit is 10/90ths of the cash dividend, the tax credit referable to the first quarter 2015 interim dividend of US$0.47 (30.75p or €0.4195) is US$0.05 (3.42p or €0.0466) per ordinary share and the dividend and tax credit together amount to US$0.52 (34.17p or €0.4661).
Royal Dutch Shell plc