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Simplified share structure

In November 2021, we announced plans to establish a single line of shares, and to align the tax residence of Royal Dutch Shell plc with its country of incorporation in the UK. Following overwhelming shareholder support, on December 31, 2021, the Board approved the key steps required to move the Company’s tax residence to the UK and the Company’s shares were assimilated on January 29, 2022, completing the simplification. The simplification entailed:

FROM: ROYAL DUTCH SHELL PLC Royal Dutch Shell plc UK incorporated Dutch tax residence SPNV STT | BG Other subsidiaries RDSB Ordinary and ADSs RDSA Ordinary and ADSs Dividends via the Dividend Access Mechanism Dividends Lines of shares & voting rights Two lines of shares with equal voting rights (As and Bs) Location of Board and EC meetings NL Location of CEO & CFO NL Tax residence of the PLC NL Country of incorporation UK Listings Amsterdam, London, New York Indexation FTSE UK and AEX indexation TO: SHELL PLC Shell plc UK incorporated UK tax residence SPNV STT | BG Other subsidiaries Shell Ordinary and ADSs Dividends Lines of shares & voting rights One line of shares with equal voting rights Location of Board and EC meetings UK Location of CEO & CFO UK Tax residence of the PLC UK Country of incorporation No change Listings No change Indexation Simplified share structure, increase in speed and flexibility of capital and portfolio actions STT The Shell Transport and Trading Company Limited BG BG Group Limited SPNV Shell Petroleum N.V. Dividend flows KEY FEATURES Complex structure compared to competitors KEY FEATURES No change to FTSE UK index inclusion No change expected to AEX index inclusion FROM: ROYAL DUTCH SHELL PLC Royal Dutch Shell plc UK incorporated Dutch tax residence SPNV STT | BG Other subsidiaries RDSB Ordinary and ADSs RDSA Ordinary and ADSs Dividends via the Dividend Access Mechanism Dividends Lines of shares & voting rights Two lines of shares with equal voting rights (As and Bs) Location of Board and EC meetings NL Location of CEO & CFO NL Tax residence of the PLC NL Country of incorporation UK Listings Amsterdam, London, New York Indexation FTSE UK and AEX indexation TO: SHELL PLC Shell plc UK incorporated UK tax residence SPNV STT | BG Other subsidiaries Shell Ordinary and ADSs Dividends Lines of shares & voting rights One line of shares with equal voting rights Location of Board and EC meetings UK Location of CEO & CFO UK Tax residence of the PLC UK Country of incorporation No change Listings No change Indexation No change to FTSE UK index inclusion Simplified share structure, increase in speed and flexibility of capital and portfolio actions STT The Shell Transport and Trading Company Limited BG BG Group Limited SPNV Shell Petroleum N.V. Dividend flows KEY FEATURES Complex structure compared to competitors KEY FEATURES No change expected to AEX index inclusion

Further information, including a link to the shareholder circular released in 2021, can be found here www.shell.com/simplification.

Due to the timing of the tax residence move at the end of 2021 there was no impact on the tax information disclosed in this report. An overview of the applicable tax regime in 2021 can be found in the Annual Report and Accounts 2021.

Country
Throughout this report, “country” is used as the primary descriptor for a geographical area because that is the word used by the OECD/G20 Base Erosion and Profit Shifting (BEPS) project in their proposal for country-by-country reporting (CbCR). This is one of the four minimum reporting standards to which over 100 countries have committed, covering the tax residence jurisdictions of nearly all large multinational enterprises (MNEs). In this report “country” may also refer to locations, jurisdictions or territories which have their own tax regimes or discrete rules.
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