Business

Summary Review 201 1

bp.com/summaryreview

Building a stronger, safer BP

The Summary Review for the year ended 31 December 2011 constitutes the summary financial statement and comprises summaries of the Directors’ Report and the Directors’ Remuneration Report and a summary of the information in the consolidated financial statements. The summary financial statement complies with the information requirements under the Companies (Summary Financial Statement) Regulations 2008. It does not contain sufficient information to allow as full an understanding of the results and the state of affairs of BP and of its policies and arrangements concerning directors’ remuneration as BP Annual Report and Form 20-F 2011. Shareholders may obtain a copy of BP Annual Report and Form 20-F 2011 online or on request, free of charge (see page 33). BP p.l.c. is the parent company of the BP group of companies. Unless otherwise stated, the text does not distinguish between the activities and operations of the parent company and those of its subsidiaries. The term ‘shareholder’ in this Summary Review means, unless the context otherwise requires, investors in the equity capital of BP p.l.c., both direct and/or indirect. BP Annual Report and Form 20-F 2011 and BP Summary Review 2011 may be downloaded from bp.com/summaryreview. No material on the BP website, other than the items identified as BP Annual Report and Form 20-F 2011 and BP Summary Review 2011, forms any part of those documents. As BP shares, in the form of ADSs, are listed on the New York Stock Exchange (NYSE), an Annual Report on Form 20-F is filed with the US Securities and Exchange Commission (SEC) in accordance with the US Securities Exchange Act of 1934. When filed, copies may be obtained free of charge (see page 33). BP discloses in BP Annual Report and Form 20-F 2011 and on its website at bp.com/NYSEcorporategovernancerules significant ways (if any) in which its corporate governance practices differ from those mandated...