BNP Paribas — Capital/Financing Update 2017

Feb 16, 2017

NOTICE dated 15 February 2017 in relation to the FINAL TERMS dated 23 January 2017

BNP PARIBAS

Issue of [Aggregate Nominal Amount available after the Offer Period] Share Linked Redemption Notes due February 2022

relating to the ROYAL DUTCH SHELL PLC share

Series 18039 - ISIN XS1551236307

("17% Royal Dutch Shell Click Note 2017-2022")

under the EUR90,000,000,000 Euro Medium Term Note Programme of BNP Paribas

Issue Date: 17 February 2017

Strike Date: 10 February 2017

The Nominal Amount is EUR 2,000,000.

The Issue Price is 100%.

The Underlying Reference Strike Price means EUR 25.47

Signed on behalf of the Issuer:

MAcdori By:

Duly authorised