Notice of Meeting

Dear shareholders,

I am pleased to invite you to the 2026 AGM of BP p.l.c. (bp or the company), to be held at 11am (BST) on Thursday 23 April. 

Welcoming you to the AGM

I look forward to welcoming you to our flagship International Centre for Business and Technology (ICBT) in Sunbury.

The AGM is an important engagement opportunity in the company’s calendar. I will be joined at the meeting by Meg O’Neill who by then will have just started in her role as our new chief executive officer. In addition, our interim CEO, Carol Howle, and our chief financial officer, Kate Thomson, will be in attendance, together with our senior independent director Dame Amanda Blanc. Our committee chairs, Tushar Morzaria, Ian Tyler and Melody Meyer will also be available at the meeting.

We look forward to speaking with our shareholders, updating you more generally on our progress and our focus on building a simpler, stronger, and more valuable bp. We look forward to answering shareholder questions that are relevant to the business of the meeting, always mindful of providing all participants with a safe environment for the meeting where legitimate interests can be represented without fear of distraction or disruption. Details of our performance and our strategy are set out in our Annual Report and Form 20-F-2025, which can be accessed here: bp.com/annualreport.

Business of the meeting

The resolutions proposed at the AGM are set out in this Notice, together with explanatory notes in each case.

Specifically, resolutions 18 to 24 are classed as special resolutions meaning they require a majority of 75% of the votes cast on those resolutions to pass.

In addition to the routine items of business, we have three resolutions to which I would like to draw your attention.

Resolution 23 proposes the retirement of two resolutions passed a number of years ago. Given the pace of change in broader reporting requirements and investors’ demand for useful, comparable disclosures in our corporate reports, your board recommends that you vote to retire these resolutions. This will allow the leadership team to spend more of its time managing the business on your behalf to deliver shareholder value, by focusing on mandatory reporting requirements that provide comparable information to investors, instead of provisions that have been largely superseded.

Resolution 22 proposes changes to our Articles of Association for the first time since 2018 with the goal of paving the way for broader and better shareholder engagement. In addition to general updates to reflect evolution in governance practice and external regulatory changes, the board is seeking greater flexibility on the format of future shareholder meetings, reflecting the practices of other UK and international companies, and technology advances over recent years. With an increasingly international shareholder base, we are continually looking for ways to improve the accessibility of our AGM and other events to all shareholders, not just those able to travel to south east England. 

Resolution 24 has been requisitioned by a group of shareholders co-ordinated by the Australasian Centre for Corporate Responsibility. The board does not support this resolution. We do not consider it to be in the best interests of our shareholders. Our full statement on why we believe shareholders should reject this resolution is set out on page 23 of this Notice.

Your board believes that its recommendations in respect of the resolutions contained in the notice of the AGM are in the best interests of all shareholders.

Evolution of the board

You will see in this Notice that some directors are not seeking re-election at this year’s AGM.

Melody Meyer has reached the end of her nine year tenure on the board and I thank her for her work, especially as chair of the safety and sustainability committee where her impact on safety at bp has been transformational.

Karen Richardson leaves the board with our thanks and appreciation for her five years of valuable and consistent service, including her contributions to bp’s technology transformation over the period.

Simon Henry will not be seeking election by shareholders at this year’s AGM. I would like to take this opportunity to thank Simon for his contributions over the past months. 

Voting and asking questions

We value your input and look forward to your questions. Full details of how to raise them and also how to submit your votes are set out in this Notice. If you cannot join us on the day of our AGM, I encourage you all to participate by voting your shares – your votes do matter.

If you are a participant in a bp employee share plan, you can also refer to information provided through bp’s internal communications channels on how to submit your votes.

Following the AGM, the voting results will be announced through a regulatory information service and will be published on our website at bp.com/agm as soon as practicable. 

I would like to thank all of you for your continued support.

Albert Manifold

Chair

6 March 2026

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