Graham van’t Hoff, EVP Chemicals, Royal Dutch Shell plc, hosted a live video webcast about our Chemicals business.

1. Royal Dutch Shell October 13, 2017
Royal Dutch Shell plc
October 13, 2017
Re-shaping Shell, to create a world-class
investment case
Chemicals Investor Briefing
John Abbott – Downstream Director
Graham van’t Hoff – EVP Chemicals
#makethefuture

2. Royal Dutch Shell October 13, 2017
John Abbott
Downstream Director
Royal Dutch Shell plc

3. Royal Dutch Shell October 13, 2017 3
Definitions &
cautionary note
Reserves: Our use of the term “reserves” in this presentation means SEC proved oil and gas reserves.
Resources: Our use of the term “resources” in this presentation includes quantities of oil and gas not yet classified as SEC proved oil and gas reserves. Resources are consistent with the Society of
Petroleum Engineers (SPE) 2P + 2C definitions.
Discovered and prospective resources: Our use of the term “discovered and prospective resources” are consistent with SPE 2P + 2C + 2U definitions.
Organic: Our use of the term Organic includes SEC proved oil and gas reserves excluding changes resulting from acquisitions, divestments and year-average pricing impact.
Shales: Our use of the term ‘shales’ refers to tight, shale and coal bed methane oil and gas acreage.
Underlying operating cost is defined as operating cost less identified items. A reconciliation can be found in the quarterly results announcement.
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this release “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 release refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint
control are generally referred to as “joint ventures” and “joint operations” respectively. Entities 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 release 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 release,
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. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this
release 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, 2016 (available at www.shell.com/investor and www.sec.gov ).
These risk factors also expressly qualify all forward looking statements contained in this release and should be considered by the reader. Each forward-looking statement speaks only as of the date
of this presentation, October 13, 2017. 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
release.
With respect to operating costs synergies indicated, such savings and efficiencies in procurement spend include economies of scale, specification standardisation and operating efficiencies across
operating, capital and raw material cost areas.
We may have used certain terms, such as resources, in this release 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 1-32575, available on the SEC website www.sec.gov.

4. Royal Dutch Shell October 13, 2017 4
Energy challenge
Source: UN Population Fund; UN World population Prospects (2015 revision); World Urbanisation Prospects (2014 revision); IEA, Energy Technology Perspectives 2015; Shell New Lens Scenarios
Growing population
Global population will increase from around 7.4 billion today
to nearly 10 billion by 2050, with 67% living in cities
Rising demand
Global energy demand will likely be almost 60% higher in 2060
than today, with 2 billion vehicles on the road (800 million today)
Ongoing supply
Renewable energy could triple by 2050, but we will still need large amounts
of oil and gas to provide the full range of energy products we need
Mitigating climate change
Net-zero emissions is a potentially achievable societal ambition
Growing global demand for
energy as population and
living standards increase

5. Royal Dutch Shell October 13, 2017
Strategy
“Let’s make
the future” STRATEGIC
 Focus portfolio on resilient positions
 Invest in advantaged projects
 Value chain integration
OPERATIONAL
 Reset cost and capital spending
 First class execution projects
and operations
 Unrelenting focus on HSSE and
licence to operate
Leader: value
+ influence
Reducing our
carbon
intensity
Shared
value with
society
World-class
investment case
 FCF/share + ROCE growth
 Conservative financial
management
5

6. Royal Dutch Shell October 13, 2017
Strong free cash flow and returns
Driving strategy
in multiple time
horizons
CONVENTIONAL
OIL + GAS
CHEMICALS
OIL
PRODUCTS
DEEP WATERINTEGRATED
GAS
SHALES NEW
ENERGIES
Cash engines:
today
Growth priorities:
2016+
Future opportunities:
2020+
Competitive + resilient
Funds dividends + balance sheet
FCF + ROACE pathway
Affordable growth in
advantaged positions
Material value + upside
Managed exposure
Path to profitability
Cash engines 2020+
Relentless portfolio high-grading
6

7. Royal Dutch Shell October 13, 2017 7
Downstream Cash engine
 Further strengthen our
financial performance
 Upgrading our portfolio
 Returns + free cash flow
improvement
 Chemicals growth priority
Marketing Refining & Trading Chemicals
Growth priority
 Differentiated products
 Brand leverage + customer offer
 Selective growth
 Full integration with trading
 Improve retained assets
 Reducing refining capacity
 Advantaged feedstock from
Upstream and refining
 Strong product portfolio with
proprietary technology
 Focused growth into
differentiated leading positions

8. Royal Dutch Shell October 13, 2017
Graham van‘t Hoff
Executive Vice President - Chemicals

9. Royal Dutch Shell October 13, 2017 9
Agenda Chemicals demand
Position of Shell Chemicals within the industry
Shell Chemicals strategy
Execution
Financial performance
Growth projects
Q&A
01
02
03
04
05
06
07

10. Royal Dutch Shell October 13, 2017 10
Solar impulse:
90% of the aircraft’s
structure made from
chemical technology

11. Royal Dutch Shell October 13, 2017 11
Chemicals
Growth priority
*Cracker base chemicals (Aromatic derivatives, Ethylene, Propylene and Isobutylene). Source: IHS/Shell analysis
Chemicals demand outlook
 Shell produces key
petrochemical building
blocks
 Limited impact of recycling
 Chemicals enabling CO2
reduction 0
100,000
200,000
300,000
400,000
500,000
2000 2005 2010 2015 2020 2025 2030
N. America S. America Europe Middle East Asia Others
Petrochemicals* demand in kT per annum
Asia 37%
Asia 52%

12. Royal Dutch Shell October 13, 2017 12
Chemicals
Eight core
markets
SOURCE: McKinsey Global Institute, IHS, Shell analysis
Diverse end-uses drive
chemical demand
Consumer
Clothing, furniture, toys
Construction
PVC pipes, plywood, insulation
Packaging
Bottles, food packaging, crates
Agriculture
Fertiliser
Electronics
Phone casings, resins
Transportation
Upholstery, car body parts
Durables & industrial
Wiring, cables, hoses
Energy and water
Fuel additives, water treatment
Share of chemicals
volume, 2015 24% 23% 20% 10%
7% 7% 6% 2%

13. Royal Dutch Shell October 13, 2017
Chemicals
Growth priority
Positioning in the competitive landscape
 Access to advantaged feedstock
 Process technologies
 Big integrated sites
 Large scale
 Customised solutions
 Product-materials innovation
 Production close to markets
 Medium scale sites
13
BASE CHEMICALS/ SOLUTIONSPERFORMANCE
Pure Chemical
Companies
FEEDSTOCKS
CONSUMERS
INTERMEDIATES
Add Differentiation

14. Royal Dutch Shell October 13, 2017 14
Chemicals
Value chains
C2
C4
C6
C3
C1
Ammonia
Methanol Acetic Acid / VAM
Urea
Ethylene
Propylene
Propylene Oxide
Acrylic Acid Super Absorbents
Butadiene
Butenes Solvents
Benzene
Phenol
Toluene
Xylene
TDI
Paraxylene
Polycarbonate
No Shell participation
Shell participation PTA
INTERMEDIATES
Agriculture
EO/MEG
Alpha olefins HODer Surfactants Consumer
Polyethylene
Polyester
Films
Containers
Packaging
Packaging
Polypropylene
Polyols Polyurethane foam Consumer
Styrene Polystyrene Moulded panels
Consumer
Construction
MDINBZ / aniline
Electronics
Elastomers Automotive
Fibres Consumer
NAPHTHA/HEAVYLIQUIDS(OIL)
ETHANE
LPG
BIOBASEFEED
C8
BASE CHEMICALSFEEDSTOCKS PERFORMANCE END PRODUCTCONVERTER
METHANE

15. Royal Dutch Shell October 13, 2017
Chemicals
Growth priority
Positioning in the competitive landscape
Competitors are actively acquiring or developing differentiation further down the value chains
Source: company reports, Shell analysis
15
FEEDSTOCK
PRODUCTS & MARKETS
AdvantagedGeneric
SolutionsBase Chem/Intermediates
Established Integrated Oil
companies
Moving towards
specialties
Low cost operators
In-market advantage
Active aggregation of
technology and position

16. Royal Dutch Shell October 13, 2017
Chemicals
Strategy Advantaged
Feedstock
First Class Footprint
Strong Product &
Customer Portfolio
Excellence Every Day
& HSSE
Access Advantaged Feedstock Monetize With Competitive Advantage
Technology
A highly profitable
hydrocarbon upgrader
16

17. Royal Dutch Shell October 13, 2017
Organisational
design
Board
CEO
Downstream Director
EVP Chemicals
Downstream integration
Projects &
Technology
Upstream &
Integrated Gas
Refining Chemicals
Trading & SupplyIntegrated Sites
17

18. Royal Dutch Shell October 13, 2017 18
Balanced feed
portfolio -
enhanced
portfolio
resilience
SOURCE: CMAI, IHS, Oil – Shell Modelling
Base chemicals cycles Feedstock portfolio has shifted to
advantaged feed and more gas
Key to robust profitability is
keeping a balanced exposure
to different regions,
feedstocks, markets and
therefore, margin sources
Indicative industry margins ($/mT)
67%
33%
53%
47%
2007
2016
Liquid
Gas
1990 1996 2002 2008 2014
Advantaged
Feedstock
First class footprint
Strong product
& customer
portfolio
Excellence
every day &
HSSE
Ethane cracker margin USGC
Naphtha margin NEA
Naphtha margin WE
Feedstock disparity
Oil Gas Feed ParityOil Gas Feed Parity

19. Royal Dutch Shell October 13, 2017
Buenos Aires
Singapore
Scotford
Sarnia
Durban
19
Chemicals
Focused and
balanced
footprint
China in-market
Small Chemical activities at group refineries
Advantaged gas feed site
Integrated Chemical/refinery mega sites/clusters
US Gulf coast
FEP &
Stanlow
Moerdijk, Pernis
Nanhai
Rheinland
Shell-CNOOC JV –
Petrochemical complex
Capacity* is regionally balanced
33
40
27
Portfolio consolidated from 133 locations in 1998 to 15 today
* Base Chemicals Capacity (C2+C3+bz); Portfolio includes Shell operated (12) and non-operated (3)
Americas
Europe
Asia
Advantaged
Feedstock
First class
footprint
Strong product
& customer
portfolio
Excellence
every day &
HSSE
Deer Park
Geismar
Norco
Mobile
Bukom
Jurong

20. Royal Dutch Shell October 13, 2017
Chemicals
Market-leading
process
technologies
Underpinned by high
performance proprietary
catalysis systems
Shell Chemicals proprietary technology
 OMEGA (Monoethyleneglycol)
 SMPO (Styrene Monomer/Propylene
Oxide/Polyols)
 SHOP (Higher Olefins and Detergent Alcohols)
 DPC/PC (Diphenyl carbonate)
 Shell has been active in petrochemicals since 1929
 Long history of product & technology development
 ~1,000 customers:
 Annual product sales: >17 million tonnes
 Long-term contracts and relationships with strong
partners
Advantaged
Feedstock
First class
footprint
Strong product
& customer
portfolio
Excellence
every day &
HSSE
20

21. Royal Dutch Shell October 13, 2017 21
Chemicals
Operating
and safety
performance
Downtime as % of capacity
Chemicals plants – unplanned downtime
%
Advantaged
Feedstock
First class
footprint
Strong product
& customer
portfolio
Excellence
every day &
HSSE
0
2
4
6
8
10
12
2012 2013 2014 2015 2016
Unplanned downtime without “big-hits” Unplanned downtime “big-hits” impact

22. Royal Dutch Shell October 13, 2017 22
Chemicals
Financial and
competitive
performance
Earnings and ROACE on CCS basis, excluding identified items; Shell ROACE calculations for 2012 has been restated for the impact of IAS 19; source: company reports, Shell analysis
$ billion
Earnings
%
0
5
10
15
20
25
30
13Q1 14Q1 15Q1 16Q1 17Q1
Competitive performance – ROACE 4Q rolling
Ensure robust performance
under different market
conditions and grow base
business
0
40
80
120
0
1
2
3
2010 2011 2012 2013 2014 2015 2016 17Q2
4Q
Rolling
Average Brent oil price (RHS)Earnings
Average: $104
Average: $49
$/barrel
Shell DOW XOM LyondellBassell
 Improve base business
 Expand current base portfolio
 Adding to portfolio - growth
Average earnings 2010 - 2016

23. Royal Dutch Shell October 13, 2017
Under construction
23
Chemicals
Growth projects Million metric tonnes
Ethylene capacity
0
2
4
6
8
2000 2005 2010 2015 2020 2025
Nanhai II
Pennsylvania
cracker
USGC
restructuring
Nanhai I
Bukom
start-up
23
Geismar, USA
Nanhai, China
Pennsylvania, USA
 425,000 metric tonnes
additional Alpha Olefins
capacity
 New liquids cracker and
derivatives units
 Capacity: ~1.2 million metric
tonnes ethylene per annum
 50/50 JV CNOOC
 Greenfield FID 2016
 Capacity: ~1.5 million metric
tonnes ethylene per annum and
polyethylene derivatives
2006
Nanhai
2010
USGC go-light strategy
2010
Singapore
2016+
China + USA
LiquidGas
2022
Feedstock mix

24. Royal Dutch Shell October 13, 2017 24
Chemicals
Growth projects:
AO4 Geismar
expansion
 Fourth Alpha Olefins (AO4) unit -
425,000 tonnes additional capacity
 Capacity increases to 1.3 million mt
 Integrated with ethylene crackers at Deer
Park and Norco
 Based on Shell’s proprietary technology
 Start up H2 2018
Geismar, LA
Leading AO4 site in the world

25. Royal Dutch Shell October 13, 2017 25
Chemicals
Growth projects:
CNOOC & Shell
Petrochemicals
Company (CSPC)
CSPC’s Petrochemicals complex
 CSPC: 50/50 JV Shell & CNOOC
 Ethylene cracker unit: 1 million mt current
capacity
 Phase 2 under construction
 Additional 1.2 million mt ethylene cracker
 Integrated with CNOOC’s co-located
refineries
 Deploys industry leading Shell proprietary
technologies (i.e. SMPO, POD, EO/EG)
Xinjiang Inner Mongolia
Shandong
Beijing
Tianjin
Jiangsu
Shanghai
Zhejiang
Fujian
Hainan
SichuanTibet
Qinghai
Guangdong
Yunnan
Heilongjiang
Liaoning
Jilin
Shaanxi
Hunan
Hubei
Most competitive cracker in
China

26. Royal Dutch Shell October 13, 2017 26
Chemicals
Growth projects:
Pennsylvania
Chemicals
Falcon Pipeline
1.5 mtpa
Ethylene
Cracker
Co-
generator
3
polyethylene
Units
Ethane
Natural Gas
Catalyst, Shell
Comonomer
Ethylene
Cracker bottom streams
(C3+)
Polyethylene
Surplus power export
(100 MW)
Rail logistics
Truck logistics
Steam & Power
Facility
Future
Uniquely differentiated project
in USA

27. Royal Dutch Shell October 13, 2017 27
Chemicals
Growth projects:
Pennsylvania
Chemicals
Components of competitive advantage:
 Locally sourced and long-term contracted ethane with supply cost advantage
 > 70% of the North American polyethylene market sits within 700-mile radius
 Economic development, job creation and investment incentives from the State of Pennsylvania
14%
21%
35%
6%
6%
5%
4%
4%
3%
1%
1%
West Canada
Pacific
Mountain
West North Central
West South Central
South
Atlantic
East South
Central
Mid Atlantic
New England
East Canada
East North Central
Shell site
70% of North American PE Demand
Chemicals
industry
production hub
Share of PE demand

28. Royal Dutch Shell October 13, 2017 28
Chemicals
Organic growth
Earnings and ROACE on CCS basis, excluding identified items; Shell ROACE calculations for 2012 has been restated for the impact of IAS 19
$ billion
0
5
10
15
20
0
2
4
2009 2010 2011 2012 2013 2014 2015 2016 17Q2
4Q
rolling
mid-
20's
Earnings + ROACE
Targets aspiration per year
mid-’20s:
 Earnings: ~$3.5 - 4 billion
 Cash flow: ~$5 - 6 billion
 Base capex: ~$1 - $1.5 billion
 Improve base business
 Expand current base
portfolio
 Adding to portfolio –
growth
%
Earnings ROACE (RHS)

29. Royal Dutch Shell October 13, 2017 29
Chemicals -
Key messages
 Putting safety first
 Strong heritage, scale and performance
 World-scale assets in strategic locations
 Process technology advantages
Leader: value
+ influence
Reducing our
carbon
intensity
Shared
value with
society
World-class
investment case

30. Royal Dutch Shell October 13, 2017
Questions & Answers
John Abbott
Director Downstream
Graham van’t Hoff
Executive Vice President - Chemicals
Royal Dutch Shell October 13, 2017

31. Royal Dutch Shell October 13, 2017