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NORTHROAD CAPITAL MANAGEMENT LLC
> RDS.A
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2016 | Shell plc | RDS.A | 29,624 | -60,433 | 1,483,000 | -3,490,000 | $50.06 |
| 06/30/2016 | Shell plc | RDS.A | 90,057 | 7,819 | 4,973,000 | 1,207,000 | $55.22 |
| 03/31/2016 | Shell plc | RDS.A | 108,561 | 26,323 | 5,260,000 | 1,494,000 | $48.45 |
| 12/31/2015 | Shell plc | RDS.A | 82,238 | 82,238 | 3,766,000 | 3,766,000 | $45.79 |
| 09/30/2015 | Shell plc | RDS.A | 89,914 | -35,429 | 4,261,000 | -3,972,000 | $47.39 |
| 06/30/2015 | Shell plc | RDS.A | 94,027 | -29,019 | 5,360,000 | -4,007,000 | $57.00 |
| 03/31/2015 | Shell plc | RDS.A | 90,463 | -32,583 | 5,396,000 | -3,971,000 | $59.65 |
| 12/31/2014 | Shell plc | RDS.A | 111,698 | -11,348 | 7,478,000 | -1,889,000 | $66.95 |
| 09/30/2014 | Shell plc | RDS.A | 123,046 | -2,297 | 9,367,000 | 1,134,000 | $76.13 |
| 06/30/2014 | Shell plc | RDS.A | 124,201 | 1,521 | 10,230,000 | 1,267,000 | $82.37 |
| 03/31/2014 | Shell plc | RDS.A | 122,680 | -2,663 | 8,963,000 | 730,000 | $73.06 |
| 12/31/2013 | Shell plc | RDS.A | 125,957 | 614 | 8,977,000 | 744,000 | $71.27 |
| 09/30/2013 | Shell plc | RDS.A | 125,343 | 11,947 | 8,233,000 | 998,000 | $65.68 |
| 06/30/2013 | Shell plc | RDS.A | 113,396 | -4,091 | 7,235,000 | -866,000 | $63.80 |
| 03/31/2013 | Shell plc | RDS.A | 118,434 | 947 | 7,717,000 | -384,000 | $65.16 |
| 12/31/2012 | Shell plc | RDS.A | 117,487 | -2,647 | 8,101,000 | -238,000 | $68.95 |
| 09/30/2012 | Shell plc | RDS.A | 120,134 | -11,411 | 8,339,000 | -886,000 | $69.41 |
| 06/30/2012 | Shell plc | RDS.A | 125,684 | -5,861 | 8,475,000 | -750,000 | $67.43 |
| 03/31/2012 | Shell plc | RDS.A | 131,545 | -19,646 | 9,225,000 | -76,000 | $70.13 |
| 12/31/2011 | Shell plc | RDS.A | 128,070 | -23,121 | 9,361,000 | 60,000 | $73.09 |
| 09/30/2011 | Shell plc | RDS.A | 151,191 | -9,977 | 9,301,000 | -2,163,000 | $61.52 |
| 06/30/2011 | Shell plc | RDS.A | 161,168 | -14,115 | 11,464,000 | -1,307,000 | $71.13 |
| 03/31/2011 | Shell plc | RDS.A | 175,283 | -33,982 | 12,771,000 | -1,204,000 | $72.86 |
| 12/31/2010 | Shell plc | RDS.A | 209,265 | -23,634 | 13,975,000 | -69,000 | $66.78 |
| 09/30/2010 | Shell plc | RDS.A | 232,899 | -27,005 | 14,044,000 | 992,000 | $60.30 |
| 06/30/2010 | Shell plc | RDS.A | 259,904 | -13,363 | 13,052,000 | -2,759,000 | $50.22 |
| 03/31/2010 | Shell plc | RDS.A | 273,267 | -3,048 | 15,811,000 | -798,000 | $57.86 |
| 12/31/2009 | Shell plc | RDS.A | 276,315 | -2,626 | 16,609,000 | 656,000 | $60.11 |
| 09/30/2009 | Shell plc | RDS.A | 278,941 | -11,699 | 15,953,000 | 1,366,000 | $57.19 |
| 06/30/2009 | Shell plc | RDS.A | 290,640 | -23,395 | 14,587,000 | 675,000 | $50.19 |
| 03/31/2009 | Shell plc | RDS.A | 314,035 | -15,773 | 13,912,000 | -3,548,000 | $44.30 |
| 12/31/2008 | Shell plc | RDS.A | 329,808 | -57,664 | 17,460,000 | -5,405,000 | $52.94 |
| 09/30/2008 | Shell plc | RDS.A | 387,472 | -22,245 | 22,865,000 | -10,613,000 | $59.01 |
| 06/30/2008 | Shell plc | RDS.A | 409,717 | -179,315 | 33,478,000 | -7,153,000 | $81.71 |
| 03/31/2008 | Shell plc | RDS.A | 589,032 | 120,676 | 40,631,000 | 1,195,000 | $68.98 |
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