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VMA OCS Safety Panel Richmond, VA

September 12, 2012

Kent Satterlee, Mgr Regulatory Policy – Offshore, Shell Upstream Americas

September 12, 2012

2 Copyright of INSERT COMPANY NAME HERE

DEFINITIONS AND CAUTIONARY NOTE

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press 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 press release refer to companies in which Royal Dutch Shell either directly or indirectly has

control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are

referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this press release,

associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or

indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all

third-party interest.

This press 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’’, ‘‘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 press 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. All forward-looking statements contained in

this press 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 factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2011 (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 press

release, June 7, 2012. Neither Royal Dutch Shell 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 press release.

We may have used certain terms, such as resources, in this press 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. You can

also obtain these forms from the SEC by calling 1-800-SEC-0330.

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SHELL’S GLOBAL UPSTREAM OIL AND GAS PORTFOLIO

One of the worlds largest oil and gas

producers*

Largest equity LNG Supplier*

Global access to strategic markets

* Among International Oil Companies

UPSTREAM AMERICAS

UPSTREAM INTERNATIONAL

UNDER CONSTRUCTION

KEY FIELDS/ PROVINCES/ LNG VENTURES

Groundbirch

Athabasca

Oil Sands

HaynesvilleAera

Deepwater Brazil

Nigeria

Deepwater

Nigeria

SPDC

Qatar

Oman

Salym

SakhalinKashagan

North Sea

Corrib

Ormen

Lange

Brunei, BLNGGumusut-Kakap

Gorgon

Prelude

NWS

Marcellus

Netherlands

UAE

Sabah Gas KBB

Schiehallion

Iraq

PhilippinesMLNG

Egypt

Gabon

Gulf of Mexico

Changbei

Wheatstone

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SHELL’S EXPLORATION PORTFOLIO

TUNISIA

SOUTH AFRICA

GABON

JORDAN

ALBANIA ITALY

GERMANY

SWEDEN

NORWAY

RUSSIA UKRAINE

EGYPT QATAR

IRAQ CHINA

PHILIPPINES

AUSTRALIA

BRUNEI

ALASKA

NORTH AMERICAN TIGHT GAS

GREENLAND

GULF OF MEXICO

GUYANA

COLOMBIA

BRAZIL

FRENCH GUIANA

KEY

2007 – March 2012 acreage access

2011 discovery

2011 appraisal success

ARGENTINA

NOVA SCOTIA

UK

RUSSIA

NIGERIA

TANZANIA

MALAYSIA

NEW ZEALAND

TURKEY

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A LONG HISTORY OF DEEPWATER DEVELOPMENT

Brazil – BC10

FPSO construction

GoM - Perdido

Perdido spar hull

Malaysia - Gumusut

Deepwater Semi-Submersible

Restoring Confidence in Deepwater Drilling Operations

Well Containment &

Intervention Capability

Prevention

& Industry

Drilling

Standards

Spill

Response

Capability

Safe

Drilling

Operations

Regulatory Oversight

Safety Culture

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Shell’s Safety Culture starts with our HSSE Control Framework

Supporting HSSE MS Manuals

1. Fitness To Work

2. Competence

3. Risk Management

4. Management of Change

5. Permit To Work

6. Performance Monitoring &

Reporting

7. Contractor HSSE Management

8. Management Review

Our Safety Culture is based on our three “Golden Rules”

Respect

Intervene

Comply

Goal Zero

“Our House”

Care

Act

Commit

Respect

Intervene

Comply

Goal Zero

“Our House”

Care

Act

Commit

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WHERE WE FOCUS OUR SAFETY LEADERSHIP ATTENTION

9/13/2012

Sr level contractor

engagements to ensure

ownership and commitment to

Goal Zero mindset.

Better utilize existing HSE

metric s to proactively

understand key exposure

areas.

Develop an effective

methodology to share

appropriate incident learning’s to

prevent repeat incidents. Sr. Leadership F2F

engagements with office and

field staff to demonstrate

leadership values.

Our “Life-Saving Rules” show our commitment to people

1

7

2

8

3 5

11

6

12 9 10

4

Work with a

valid work

permit when

required

Conduct gas

tests when

required

Verify isolation

before work

begins and

use the

specified life

protecting

equipment

Obtain

authorization

before

entering a

confined

space

Obtain

authorization

before overriding

or disabling

safety critical

equipment

Protect yourself

against a fall

when working at

height

Do not walk

under a

suspended

load

Do not smoke

outside

designated

smoking

areas

No alcohol or

drugs while

working or

driving

Wear your

seat belt

While driving, do

not use your

phone and do not

exceed speed

limits

Follow

prescribed

Journey

Management Plan

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Control

& Barriers Incident

Response

& Recovery

Keep within

Control Limits

Reduce Likelihood

Tech. Standards &

Procedures

Equipment testing,

certification

BOP, etc.

Competent staff

Rig Safety Case

Robust multiple barriers

Well Control Incident

Plan

Oil Spill Response Plan

Well Containment

System )

Technical Expertise

Mitigate

Consequences

Plan for Recovery

Re-Instate

INCIDENT PREVENTION + RESPONSE

SAFETY MEASURES IN PLACE FOR OFFSHORE DRILLING

9/13/2012

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or initiative

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MWCC Capping Stack Demonstration

Scope of Deployment

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MWCC

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MWCC Interim Containment System

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Demonstration Scope

Location: Walker Ridge 536

Responsible Party: Shell Offshore Inc.

Start Date: July 24

Continuous 24-hour operations

Capabilities to be demonstrated

1. Deployment of the SRCS on wire onto a parking pile using the Heave Compensated Landing System (HCLS)

2. Verification of the SRCS’s functionality, defined as:

‒ latching the connector to the mandrel on the pile;

‒ installation and operability of subsea accumulator module (SAM) and associated control system;

‒ closing the single ram, side outlet valves and chokes;

‒ installing the secondary cap and other secondary barriers;

‒ completing a pressure test;

‒ verifying operability of installed instrumentation (including acoustics)

Interim System – Capping Only

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Demonstration Scope

Capabilities to be demonstrated

3. Use Well Containment Screening Tool

4. Develop estimated time of arrival

5. Coordination of a Source Control Branch

6. To demonstrate capability of real-time data and video onshore and offshore,

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Demonstration Timeline

Estimated: Day 9

Actual: Day 6

Estimated: Day 4

Actual: Day 3

Load SRCS onto

Laney Chouest

SRCS arrives on

site and begins

deployment

Latch SRCS and

close ram

Install secondary cap

and pressure test

Recover equipment

& transit to shore

ACTIVATE & MOBILIZE DEPLOY & TEST RECOVER & REFURBISH

Equipment

returned to the

shorebase

Estimated: Day 6

Actual: Day 4

Estimated: Day 8

Actual: Day 5

Estimated: Day 11

Actual: Day 8/9

Establish

command posts

Estimated: Day 1

Actual: Day 1

Estimated: Day 13

Actual: Day 11

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Demonstration Subsea Layout

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MWCC Demonstration Video

http://www.marinewellcontainment.com/videos.php

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Deepwater Oil Well Blowout – Spill Response Capability

Sensing and Tracking

Dispersants (Surface and Subsurface)

In-situ Burning

Mechanical Recovery

Shoreline Protection & Cleanup

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Spill Response Capability – Industry Enhancements

Deepwater response vessels:

increased from 7 to 18

doubles pre-Macondo capacity

triples with night operations

Newer technology skimmers

(efficiency of oil vs. water recovery)

Increased inventory of boom

for enhanced encounter rate

Near-shore mechanical recovery:

doubles skimming capacity

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Spill Response Capability – Industry Enhancements

Detection, monitoring, and sustainability – night spill detection with

infrared camera and X-band radar, adverse weather

Dispersants – increase in aircraft capacity and inventory for

subsea use (with MWCC)

In-situ Burning – increase in fire boom inventory

Increased full-time response personnel

R&D

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