Shell has also published details of payments made to governments in 2014 in some of the key countries where it operates. This is the fourth consecutive year that Shell has made this voluntary disclosure.

The 2014 Sustainability Report covers Shell’s environmental and social performance for the year and outlines the company’s approach globally. This includes having processes and tools in place to manage safety, the environment and community engagement. It also includes sharing benefits where Shell operates through employment, paying taxes and royalties, sourcing from local suppliers and supporting community development projects.

Shell continues to contribute to a more sustainable energy future: developing lower-carbon energy solutions that can be deployed now – such as natural gas, biofuels and carbon capture and storage – and investing in emerging opportunities, including hydrogen-based fuels.

In his introduction to the Sustainability Report, Shell’s Chief Executive Officer Ben van Beurden said: “Sustainability at Shell includes our being a respected and valued member of society, which is essential to the longevity of our business. It informs our business decisions and is part of our day-to-day operations.”

The report is reviewed by an external committee of experts from business and non-governmental organisations. The Global Reporting Initiative (GRI) has confirmed an A+ reporting level of its G3.1 Reporting Guidelines. This is the 18th edition of the Shell Sustainability Report.

To read the full report, go to www.shell.com/sustainabilityreport

To read details of Shell’s payments to governments, go to www.shell.com/payments

Hard copies of the Shell Sustainability Report 2014 can be ordered from: http://reports.shell.com

Enquiries

Shell International Media Relations
+44 20 7934 5550

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 in which Royal Dutch Shell either directly or indirectly has control. Companies over which Shell has joint control are generally referred to as “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward looking statements concerning the financial condition, results of operations and businesses of Shell and the Shell Group. 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 and the Shell Group 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", "seek", "should", "target", "will" and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, 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 announcement 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 factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2014 (available at www.shell.com/investor and www.sec.gov).

These factors also should be considered by the reader. Each forward looking statement speaks only as of the date of this announcement, 10 April 2015. Neither Shell nor any of its subsidiaries nor the Shell Group 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 announcement.

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