ROYAL DUTCH SHELL PLC SECOND QUARTER 2020 INTERIM DIVIDEND Amsterdam Stock Exchange: RDSA

The Hague, July 30, 2020 – The board of directors of Royal Dutch Shell plc (RDS or the Company) today announced an interim dividend for the second quarter of 2020 of US $ 0.16 per A common share ( A share) and per B ordinary share (B share).

Details of the interim dividend for the second quarter of 2020
It is expected that cash dividends on B Shares will be paid through the Dividend Access Mechanism and will have a UK source for UK and Dutch tax purposes.

Per ordinary share	Q2 2020
RDS A shares (US $)	0.16
RDS B shares (US $)	0.16

Cash dividends on A Shares will be paid, by default, in euros, although holders of A Shares may choose to receive dividends in US dollars or British pounds.

Cash dividends on B Shares will be paid, by default, in pounds sterling, although holders of B Shares will be able to choose to receive dividends in US dollars or Euros.

Dividend payments in pounds sterling and euros will be announced on September 8, 2020.

By ADS	Q2 2020
ADS RDS A (US $)	0.32
ADS RDS B (US $)	0.32

Cash dividends on American Depository Shares (ADS) will be paid, by default, in US dollars.

ADSs are listed on the New York Stock Exchange under the symbols RDS.A and RDS.B. Each ADS represents two ordinary shares, two A shares in the case of RDS.A or two B shares in the case of RDS.B. ADSs are evidenced by an American Depositary Receipt (ADR) certificate. In many cases, the terms ADR and ADS are used interchangeably.

Shell introduced option to receive dividend in US dollars and moved to full electronic payment of dividends

On December 18, 2019, Shell announced the introduction of the US dollar as an additional currency and stressed that its dividend will be settled with its shareholders fully electronically, either in CREST or via interbank transfers. The announcement provided an overview of the actions needed for shareholders to ensure they continue to receive their dividends. Please refer to the announcement of December 18, 2019 for more information: https://www.shell.com/media/news-and-media-releases/2019/shell-introduces-option-to-receive-dividend-in-us-dollars.html

Distribution schedule for the interim dividend for the second quarter of 2020

Announcement date	July 30, 2020
Ex-dividend date	Aug 13, 2020
Registration Date	Aug 14, 2020
Currency choice date close (see note below)	Aug 28, 2020
Announcement date of pound sterling and euro equivalents	September 8, 2020
Payment date	September 21, 2020

Note

A different currency choice date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding via Euroclear Nederland. This may also apply to other shareholders who do not hold their shares directly on the membership register or as part of the company sponsored appointment agreement. Shareholders can contact their broker, financial intermediary, bank or financial institution to find out the election deadline that applies.

Taxation – cash dividends

Cash dividends on A Shares will be subject to the Dutch withholding tax on dividends at the rate of 15%, which may be reduced in certain circumstances. Non-resident Dutch shareholders, depending on their particular situation, may be entitled to a full or partial refund of the Dutch withholding tax on dividends.

If you are unsure of the tax treatment of any dividend, you should consult your tax advisor.

Dividend Reinvestment Programs (DRIPs)

The following organizations implement Dividend Reinvestment Plans (DRIPs) which allow RDS shareholders to elect to use their dividend payments to purchase RDS shares of the same class as those they already own:

• Equiniti Financial Services Limited (EFSL), for those who hold shares (a) directly on the register as a certificate holder or as a CREST member and (b) through the Nominee Service;
• ABN-AMRO NV (ABN) for financial intermediaries holding A or B shares via Euroclear Nederland:
• JP Morgan Chase Bank NA (JPM) for holders of US A and B depository shares; and
• Other RRDs may also be available from the intermediary through which investors hold their shares.

These organizations provide their DRIPs entirely on their own behalf and not on behalf of Royal Dutch Shell plc. Interested parties should contact PRD offerors directly.

More information can be found at https://www.shell.com/drip

To be eligible for the next dividend, shareholders must make a valid dividend reinvestment election before the date published for the close of elections.

Royal Dutch Shell plc

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WARNING

The companies in which Royal Dutch Shell plc directly and indirectly hold investments are separate legal entities. In this announcement, Shell, Shell Group and Royal Dutch Shell are sometimes used for convenience when references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words we, our and our are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or those who work for them. These terms are also used when identification of the particular entity or entities is not useful. Subsidiaries, Shell subsidiaries and Shell companies used in this announcement refer to entities over which Royal Dutch Shell plc has direct or indirect control. Unincorporated entities and arrangements over which Shell exercises joint control are generally referred to as joint ventures and joint operations, respectively. Entities over which Shell exercises significant influence but neither control nor joint control are referred to as associates. The term Shell interest is used for convenience to denote the direct and / or indirect interest held by Shell in an unincorporated entity or partnership, after exclusion of any third party interest.

This announcement contains forward-looking statements (within the meaning of the United States Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and business of Royal Dutch Shell. All statements other than statements of historical fact are, or may be considered, forward-looking statements. Forward-looking statements are statements of future expectations 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 regarding 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 expressions such as goal, ambition, anticipate, believe, could, estimate, expect, goals, intend, may, objectives, outlook, plan, possibly, project, risks , timing, seek, should, target, want and similar terms and phrases. A number of factors could affect Royal Dutch Shell’s future business and could cause these results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) fluctuations in the price of crude oil and natural gas; (b) changes in demand for Shell products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and competition from industry; (g) environmental and physical risks; (h) the risks associated with identifying suitable properties and potential acquisition targets, and successfully negotiating and concluding 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 aimed at combating climate change; k) economic and financial market conditions in various countries and regions; (l) political risks, including risks of expropriation and renegotiation of the terms of contracts with government entities, delays or progress in project approval and delays in reimbursement of shared costs; (m) the risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) epidemic; and (n) changes in trading conditions. There can be no assurance that future dividend payments will equal or exceed prior dividend payments. 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 risk factors that may affect future results are set out in Royal Dutch Shells Form 20-F for the year ended December 31, 2019 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify any forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of such announcement, July 30, 2020. Neither Royal Dutch Shell plc nor any of its subsidiaries undertakes 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, the results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

We may have used certain terms, such as Resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our SEC filings. Investors are urged to carefully review the disclosure in our Form 20-F, File No. 1-32575, available on the SEC’s website www.sec.gov.

Royal Dutch Shell plc LEI number: 21380068P1DRHMJ8KU70
Classification: additional regulated information to be disclosed under the law of a Member State