Shell Financial Statement 2012

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OUR VISION To be the most competitive and innovative Downstream Oil Marketing Company in Pakistan. STATEMENT OF GENERAL BUSINESS PRINCIPLES INTRODUCTION Shell Pakistan Limited General Business Principles govern how Shell Pakistan Limited conducts its affairs. The objectives of Shell Pakistan Limited are to engage efficiently, responsibly and profitably in oil, gas, chemical and other selected business and to participate in the search for and development of other sources of energy to meet evolving customer needs and the worldÊs growing demand for energy. We believe that oil and gas will be integral to the global energy needs for economic development for many decades to come. Our role is to ensure that we extract and deliver them profitably and in environmentally and socially responsible ways. We seek a high standard of performance, maintaining a strong long-term and growing position in the competitive environments in which we choose to operate. We aim to work closely with our customers, partners and policy-makers to advance more efficient and sustainable use of energy and natural resources. OUR VALUES Shell Pakistan Limited employees share a set of core values honesty, integrity and respect for people. We also firmly believe in the fundamental importance of trust, openness, teamwork and professionalism, and pride in what we do. SUSTAINABLE DEVELOPMENT As part of the Business Principles, we commit to contribute to sustainable development. This requires balancing short and long term interests, integrating economic, environmental and social considerations into business decision-making. RESPONSIBILITIES Shell Pakistan Limited recognises five areas of responsibility. It is the duty of management continuously to assess the priorities and discharge these inseparable responsibilities on the basis of that assessment. a. b. c. To shareholders To protect shareholdersÊ

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