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The Long Term Incentive Plan (LTIP) 2020

The document summarizes Shell's Long Term Incentive Plan (LTIP) for executives. The LTIP provides conditional awards of Shell shares that vest after three years subject to performance conditions. Executives must track the performance of their awards before vesting and are subject to shareholding guidelines after receiving shares. The LTIP aims to recognize executives who provide long term value to Shell and ensure their interests are aligned with shareholders through share price growth and dividends.

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0% found this document useful (0 votes)
192 views14 pages

The Long Term Incentive Plan (LTIP) 2020

The document summarizes Shell's Long Term Incentive Plan (LTIP) for executives. The LTIP provides conditional awards of Shell shares that vest after three years subject to performance conditions. Executives must track the performance of their awards before vesting and are subject to shareholding guidelines after receiving shares. The LTIP aims to recognize executives who provide long term value to Shell and ensure their interests are aligned with shareholders through share price growth and dividends.

Uploaded by

emorlales
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

The Long Term Incentive Plan (LTIP) 2020

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
1 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Introduction Eligibility
The LTIP is operated for Executive Directors, The purpose of the LTIP is to recognise those To be eligible to be considered for an LTIP No individual is entitled to a LTIP award: they
Executive Committee members and Senior with the most long term value to the Shell Group award you must be employed by a Member are discretionary and assessed on an annual
Executives. and ensure they are invested in Shell’s success company of the Shell Group on the date of basis. Therefore an award in one year will
through any share price growth and payment of award (although you should note that certain not guarantee an award in a subsequent
An LTIP award is a conditional award of dividends. employing companies are excluded). year (nor the level of any future award).
Shell shares (RDSA, RDSB or RDS.ADR)
that is released to the participant after a If you have been made an award under the Nominations for awards are made on a
three year performance period, subject to LTIP please read this summary document for selective basis during the performance
the satisfaction of certain conditions which details of how the plan works. However, assessment and calibration process.
include performance conditions that are you should note that this is simply a summary
measured over the three year period. and does not override the terms and
conditions in the rules of the Shell Share Plan
2014 (available here) which is the definitive
For US persons and residents in the US: document governing the LTIP.
This document constitutes part of a Section 10(a)
prospectus covering securities that have been Additional terms and conditions are also set
registered under the Securities Act of 1933.
out in the award certificate.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
2 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
How the plan works LIFECYCLE OF LTIP AWARD
Timeframe

The timeline on this page illustrates the key dates 3 YEAR PERFORMANCE PERIOD
and events during the lifecycle of the award. JANUARY <> DECEMBER

A nomination for an award is subject to


PERFORMANCE NOTIONAL DIVIDENDS ACCRUE DIVIDENDS ACCRUE
approval by the relevant delegated authority ASSESSMENT OUTCOME
of the Board of Royal Dutch Shell plc (RDS).
Following approval, an award of conditional
shares is made. This is usually in January/ SHARES HELD IN
February each year. LTIP
NOMINATION
CONDITIONAL
AWARD MADE
VESTING
DECISION
SHARES
DELIVERED
VSA (FIDELITY
FOR US)

Shares are delivered to you (subject to


satisfying the conditions and other terms
of the award) after the end of the 3 year VEST % BASED ON PERFORMANCE CONDITIONS
performance period which:

> starts in the January of the year in which


the award is made and

> ends in the December three years later


JAN/FEB MARCH
OCT TO JAN
A compulsory holding period applies to Executive YEAR 1 YEAR 4

Directors and Executive Committee members.

Please check your award certificate for details.


HOLD SHELL SHARES
AND REMAIN ELIGIBLE
FOR ANY QUARTERLY
DIVIDENDS AND
POTENTIAL SHARE PRICE
GROWTH OR SELL
SHARES (SUBJECT TO
ANY SHAREHOLDING
REQUIREMENTS)

Continued >

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
3 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Proportion
How the plan works Performance Conditions and Measurement
of Award
Vesting Schedules

Performance Conditions Relative conditions: Performance is compared at the start and end of the
An LTIP award is a conditional award of performance period on a relative basis versus BP, Chevron, Exxon and Total
a notional number of shares. It is notional
because the number of shares that are
ultimately delivered (vested) may be higher Total Shareholder Return (TSR)
or lower, depending on the outcome of any 22.5%
Change in share price and dividends paid RANK OUT OF 5 VESTING %
conditions to which the award is subject.
1 200%
The chart on the right shows the performance
conditions applying to awards made from 2019. Cash Flow from Operations (CFFO) 2 150%
22.5%
Cashflow from operating activities 3 80%
These measures support and reward our
4 0%
employees for the achievement of the
strategic ambitions of the Shell Group. 5 0%
Return on Average Capital Employed (ROACE)
22.5%
Indicator of capital discipline
The Energy Transition performance measure
introduced in 2019 includes targets around
Absolute conditions
Net Carbon Footprint, growing our power VESTING %
business, advanced biofuels technology Outstanding 200%
and alternative fuels, and development Free Cash Flow (FCF) Target 100%
22.5%
of carbon capture systems. This measure The sum of cash flow from operating activites and cash flow from Threshold 40%
supports our intent to reduce the carbon
investing activities Below Threshold 0%
intensity of the energy products we sell
in step with society as it moves towards VESTING
the goal of the Paris Agreement. More Energy Transition
10.0% The vesting outcome will range
information can be found here A discretionary condition relating to energy transition as defined in from 0–200% and will be
your award certificate determined by the
Remuneration Committee in its
Each of these measures has a proportional sole discretion.
vesting % shown on the chart on the right. There is one additional rule: should the TSR ranking outcome be fourth or fifth, the total
vesting of the award will be capped at 100%.

Management discretion - the Company, acting reasonably and in good faith, has discretion Continued >
to reduce (including, for the avoidance of doubt, a reduction to zero) the vesting percentage
of the award, on the basis of the wider performance of the Company.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
4 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
How the plan works PROPORTION RANK VESTING CALCULATION OF VESTING

TSR 22.5% 2 150% 22.5% x 150% = 33.75%


Examples of Vesting
CFFO 22.5% 2 150% 22.5% x 150% = 33.75%
The number of shares that may vest is calculated according to how Shell performs against ROACE 22.5% 3 80% 22.5% x 80% = 18.00%
each of the conditions. The table on this page is an example to illustrate how the outcome of
each performance condition will determine the final number of shares which may vest. FCF 22.5% Target 100% 22.5% x 100% = 22.50%

So, in this example, if 100 conditional shares were awarded then, as a result of Shell’s Energy transition 10.0% Target 100% 10.0% x 100% = 10.00%
performance, the final number of gross vested shares is 100 x 118% i.e. 118 shares EXAMPLE ONLY - TOTAL VESTING PERCENTAGE OF INITIAL CONDITIONAL AWARD 118.00%

Bear in mind that whenever a dividend is declared on RDS shares during the 3 year LTIP - EXAMPLES OF HISTORICAL OUTCOMES
performance period, notional dividends may accrue on your award which increases the 200
number of shares that can vest. dividends
DIVIDENDS ACCRUED ON
accrued
SHARES1ST YEAR AFTER VEST

The chart alongside demonstrates how performance conditions and dividends have impacted 200 - ESTIMATE (REFER TO SECTION
during 3 year
“DIVIDENDS - GROW YOUR
SHAREHOLDING”)
a notional award of 100 shares in the past. These are historical examples performance
and are based on awards subject to different performance conditions to those used currently. 150 period (actual)
DIVIDENDS ACCRUED DURING
3 YEAR PERFORMANCE
They should not be taken as an indication of what might happen in relation to future awards.

SHARES
PERIOD (ACTUAL)
150

shares
GROSS
total shares
PORTION OF SHARES VESTED
100 vested
BASED ON EXTERNAL COMPARATORS

NUMBERS OFof
(OVER 3 YEARS)
100

number
190%
PORTION OF SHARES VESTED
BASED ON 3 YEAR
AVERAGE BPF
50
50
84% original award
70% ORIGINAL AWARD OF SHARES
of shares

16%
0
PSP OUTCOME
2013 = 68%
award: vest 2016 PSP OUTCOME
2014 = 97%
award: vest 2017 PSP OUTCOME
2015 = 82%
award: vest 2018 PSP OUTCOME
2016 = 156%
award: vest 2019

FINAL VESTING % OF THE ORIGINAL AWARD

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
5 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Tracking the performance of your award before vest

There are three ways to track the 1. On notification of an award of shares 2. A personalised interim value statement 3. You can follow the performance of any
performance of your award during the having been made, you will receive a link is issued to you in June and December of outstanding LTIP awards in the quarterly
vesting period to a personalised Initial Value Statement, each year during the performance period. tracker found here in HROL.
indicating the value of the award at award The intention of this interim statement is to
Of course, the actual value can only (grant) date. give you an idea of the number of shares
be known when the outcome of the you may receive and what those shares
performance measures is confirmed after might be worth if the award vested on the
the end of the performance period. For statement date (based on the share price
that reason, whilst we hope you find the and exchange rate at that date).
information provided to you helpful you
should not draw any conclusions from, or
rely on, any interim statements you receive.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
6 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Vesting of your award
The Board of Directors of RDS is responsible The vesting decision typically takes place in
for assessing the performance measures at the the February following the end of the three
end of the three year performance period. As year performance period, and is generally
described above, the outcome of that process communicated at the beginning of March.
will determine the number of shares which are
released (vest). Normally, none of the award After vesting, your award will be delivered
will vest until all performance measures have to you in shares or cash, as described in
been determined and confirmed. more detail on the next page “Receiving
your shares”.

Please click here to find the Vesting Q&A


guide.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
7 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Receiving your shares
Share-settled awards Cash-settled awards Please also refer to the Shareholding
guidelines, Malus & Clawback section.
In most cases, your LTIP award will be If we are required to settle your award in
delivered in RDS shares. In that case, the cash for regulatory, fiscal or other reasons
vested shares will be delivered directly to the cash (after deduction of taxes and/
your Computershare Vested Share Account or social security where applicable) will
(VSA) or, for US persons, your Fidelity be paid to the account specified on your
account. The number of shares delivered will Computershare record.
be reduced to reflect applicable withholding
taxes and/or social security. See the section It is up to you to make sure this record
called “Taxation of your award” which remains up to date, so please ensure you
describes how these deductions are treated have reviewed and updated your account
for both local employees and those who and both your email and postal addresses.
have been on a long-term international
For details of countries/populations where
assignment at any time from the start of the
cash deliveries are required, please refer
relevant performance period to the vesting
here to our Cash out populations guide.
date of the award.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
8 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Taxation of your award
Local employees Should you change your base country, the Tax summary matrix
hypothetical deduction will be according to
In most jurisdictions you will not be required Please look here for the interactive tax map,
your base country at vest.
to pay tax or social security when the award giving an overview of country tax positions for
is made, and you may be liable to pay tax If the policy applies to you, hypothetical tax LTIP. Detailed tax summaries can be found here.
when the award vests or is distributed to you. and social security will be deducted from
your Award and your entitlement under the Where to see your tax calculation
Unless you have been on a Long Term
rules of the Plan is to the net amount of the
International Assignment (LTIA) at any time If you are a US local your tax calculation on
Award (i.e. the amount after deduction of
since the start of the performance period you your award is processed through your US
such hypothetical tax and social security or
are legally responsible for your own personal payroll and can be seen in your payslip.
deduction of actual tax and social security,
tax and / or social security, (although your For all other awardees, you can find
as applicable).
employing company may be legally required a detailed tax calculation on your
to withhold taxes and / or social security Further details can be found in our Tax
Computershare account – please go to
payable on your behalf). Please note that Equalisation section of the International
Transaction History and select Long Term
Local Non National assignments are, for Mobility website.
Incentive Plan from the drop down menu.
these purposes, treated as local employees.
Please refer here to the Tax Q&A.
Please refer here to the Tax Q&A.
If you have any questions or are in any doubt
Expatriate employees in relation to your personal tax situation you
should consult your personal tax advisor.
If you have been on a Long Term
International Assignment (LTIA) at any
point since the start of the performance
period to the date of vesting, a deduction
for hypothetical tax will be made from
your award as well as a deduction for
hypothetical social security and hypothetical
regional taxes where applicable. This
deduction will occur at delivery of your
award as if you had remained in your base
country during the life of the award. This is
known as tax equalisation.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
9 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Holding your shares
Non US base country participants: US base country participants:

The Vested Share Account (VSA) Fidelity Share Account (US shares)
Your delivered shares will be held in your
Your delivered shares will be held in the
Fidelity account. For further information
VSA (administered by Computershare) in a
regarding your Fidelity account, please
paperless and secure manner.
contact Fidelity directly using one of the
To view your vested shares please login to contact methods below:
your Computershare account.
• online at www.netbenefits.com/shell
Details of the gross and net vested award
will be available to view on your account • 1-800-30-SHELL
by selecting Holding Information, and then
clicking Long Term Incentive Plan from the
drop down menu.
There is a facility to transact from the VSA,
which means that you can sell either all or
some of your shares and can also transfer
your shares to a brokerage account of your
choice. Shell will pay the annual VSA fee for
you but please note that you will have to pay
transaction fees to sell the shares.
If you transfer shares to another brokerage
account/nominee, the transfer is free of
charge, however the new broker/nominee
may charge annual fees.
Further details can be found here:
www.shellshareplans.com/vsa/

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
10 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Being a shareholder
Being a shareholder in RDS means you own If you are a US participant who has shares Voting at the Shareholder meetings – a If you hold shares in a Fidelity account, you
part of the company and you can continue deposited into a Fidelity account, you can chance to have your say as an owner of will be notified in advance of the meeting
to share in Shell’s success. The value of your choose to take dividends as cash or choose part of Shell based on the communication settings
holding will rise or fall depending on the dividend reinvestment. Please visit applicable to your account (e.g. regular mail
number of shares you continue to hold and www.netbenefits.com/shell for more As a shareholder you will be invited to vote or e-mail delivery). You may visit the “Proxy
the RDS share price over time. information. at shareholder meetings such as the Annual Materials” page on www.fidelity.com under
General Meeting (AGM) should you wish the “Statements” tab for more information.
Dividends – grow your shareholding For information on RDS dividends, please to do so. The AGM is usually held in May You can record your vote online or via
click here. Note that there can be no each year.
If you continue to hold shares on a dividend regular mail.
assurance that future dividend payments,
record date, you will receive Dividend If you hold shares in a Computershare
if declared, will match or exceed previous
Re-Investment Shares in the VSA each Vested Share Account you will receive an
dividend payments.
time a dividend is declared by RDS. The email from Computershare in advance of the
reinvestment of dividends means that your meeting with instructions on how to view the
shareholding will grow if and when a resolutions to be voted on and how to record
dividend is paid. your votes online should you wish to do so.
You cannot choose to take dividends earned
on shares in the VSA as cash. However in
certain jurisdictions, legislation requires that
dividends are paid as cash. If this applies
to you, you will be informed and asked to
provide bank details to Computershare in
order to receive payments.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
11 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Shareholding Malus and Clawback
Guidelines
As an Executive Director, Executive The plan rules of the LTIP contain both malus Adjustment events:
Committee member or Senior Executive, (the adjustment of any unvested award) and
Your LTIP award may have been made
you will be aware that you are subject to a clawback (the adjustment of any vested
subject to certain Adjustment Events
shareholding guideline policy. award) provisions. Any vested awards could
described in your award certificate. This
be adjusted. This can for example involve
You should ensure that you understand the means that if an Adjustment Event occurs,
a requirement for the employee or former
policy and how it applies to any shares RDS can:
employee to transfer back vested shares
delivered to you through the LTIP.
or repay the company if such shares are (a) Demand a full or a partial return of any
You can find the policy in the no longer held. Clawback provisions in shares ultimately delivered to you under
correspondence section of your relation to share awards are mandatory for this award;
Computershare account. Additional individuals in certain positions. The inclusion
(b) Reduce the number of shares prior to
shareholding requirements may apply from of such provisions relating to share awards
delivery; and
time to time and you will be notified of these to individuals is also guided by corporate
to the extent they apply to you. governance requirements and market (c) Impose any additional conditions.
practice developments. Your award certificate lists the Adjustment
• Acceptance of such conditions is a Events to which your award has been made
precondition to receiving LTIP awards, subject.
and you will be asked to confirm your
agreement to these provisions when
receiving a new award.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
12 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Leaving Shell
If you leave Shell before the end of the three The vesting decision and any delivery of For further information on how your share
year performance period then how your shares will be made as normal after the end plans are affected by your departure from
awards are treated will depend on your of the three year performance period. Shell including any actions you need to take
reason for leaving. and what communications you can expect
Resignation or dismissal
to receive and when, please refer to the
Full details may be found in the Leaver guide
Awards that are still unvested when you Leaver guide here.
and transferring countries guide here, but are
summarised below for your convenience. leave Shell will lapse on the date you leave.
You should note that any shareholding
However if your last day in employment
requirement may survive your departure from
Please note that if you are transferring is after the end of the 3-year Performance
the Group.
countries your participation in the plan Period your award will not lapse and will
continues and your award will vest in the be delivered subject to the performance Divestment
usual timeframe conditions (and any other conditions).
If you are leaving due to the fact that the
Retirement (as determined by RDS), Death
company you are working for is being
redundancy, disability, injury, ill-health or divested, please refer to the Divestment
If you die before the end of the three year
completion of a fixed-term contract guide here for the details of treatment of
Performance Period, 100% of the award
• LTIP awards are subject to proration to will vest and be delivered to your estate your award(s).
reflect the length of your employment with as soon as possible, subject to local legal
Shell during the performance period. requirements.
o For example, if you were made an If you die after the end of the three year
award in February 2018 (for which Performance Period, then the value of the
the performance period commenced in award that vests will be determined to the
January 2018) and you leave service extent that the performance conditions have
in March 2020 then your award would been met.
be prorated for 27 months out of the 3
year performance period i.e. 27/36).
The vesting decision and any delivery
of shares will be made as normal in
early 2021 (for 2018 awards). The
remainder of the award will lapse.

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
13 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK
Your resource centre – where to find more information

Shell Share Plans Divestment guide: For details of treatment of your award(s) if the company you are working for is being divested
Leaver guide: Details of how your plans are affected by your departure and any actions you may need to take
Transferring countries Details of what happens to your share plans on transferring countries and any actions you may need to take
Tax & Compliance Tax – summary: High level country tax positions
Tax - Q&A: QA for expatriate, LNN and local participants
Foreign Asset Reporting: High level information concerning your compliance with local reporting requirements
LTIP general Vesting Q&A
Cash out populations Information on those countries which have restrictions on share delivery
Chinese Nationals and Locally Hired Foreigners Important information related to receipt, sale and transfer of any shares
Tax Equalisation International mobility policy
FATCA and CRS Details relating to compliance under Foreign Account Tax Compliance Act and Common Reporting Standards.
Royal Dutch Shell Securities Dealing Code If you are an employee insider you must abide by the dealing code in the event that you wish to sell any shares.
Investor Centre Keep up to date with our share price, upcoming events and read our recent and archived publications and financial statements
HR Online Performance of the LTIP Quarterly trackers showing the performance of any outstanding LTIP awards
Performance of the PSP Quarterly trackers showing the performance of any outstanding PSP awards
Performance conditions LTIP - prior years LTIP performance conditions for awards in this and previous years
Performance conditions PSP - prior years. PSP performance conditions for awards in this and previous years
Plan Rules Rules of the Shell Share Plan 2014 (including LTIP and PSP)
US prospectus Specific plan information for US base or host country employees
Tax - Country tax summaries Detailed tax information by country
Share Plans Query form Use this Share Plans Query form if you have queries about your award that cannot be answered from the Plan materials
HR Operations If you are unable to access our Share Plans Query forms, please send an email to HR Operations
Let’s talk about Shell’s share plans Link to our yammer page

12MLJD D54

TRACKING THE SHAREHOLDING


INTRODUCTION VESTING OF RECEIVING TAXATION OF HOLDING BEING A YOUR LTIP
14 HOW THE PLAN WORKS PERFORMANCE OF YOUR GUIDELINES, MALUS & LEAVING SHELL
& ELIGIBILITY YOUR AWARD YOUR SHARES YOUR AWARD YOUR SHARES SHAREHOLDER RESOURCE CENTRE
AWARD BEFORE VEST CLAWBACK

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