ROYAL DUTCH SHELL PLC

CUSIP: 780259107 Class: SPON ADR B

Oxbow Advisors, LLC's Holding History (CIK: 0001564770)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015
Shares 18,114 Value ($000) $864 Avg Close — Range —
Q2 2015
Shares 14,824 Value ($000) $850 Avg Close — Range —