BP PLC

Our code sets standards and expectations

for how we do the right thing and empowers

our employees to speak up without fear

of retaliation. It is the foundation of ‘Who we are’,

our culture frame and puts safety first. Together

with our Safety Leadership Principles and OMS«,

our code helps us make safe and ethical

decisions, act responsibly, comply with

applicable laws and deliver on our sustainability

frame.

Our code applies to all bp employees, officers

and board membersc. Regular mandatory

training and communications help employees

understand how to apply our code and how to

raise questions or concerns.

All bp employees are required to confirm annually

a The number of employees eligible for a cash bonus in 2024 was around 38,000.

b Group leaders are our most senior leaders. Their roles include operational, functional and regional leadership.

c For recently acquired businesses, there is typically a transition period while bp’s ethics and compliance standards, as required in our code, are integrated or aligned.

d Senior leaders are the leadership tier below group leaders. They typically manage larger teams or are recognized as technical or functional experts.

e This total excludes exits of contractors, suppliers and vendors.

that they have read and understand our code and

complied with its principles. We expect and

encourage all our contractors and their employees

to act in ways that are consistent with it.

Any concerns or enquiries can be raised through

multiple speak-up channels. These include line

managers, senior leadersd, and contacts in our

people & culture, ethics & compliance or legal

teams. We also have a confidential global

helpline, OpenTalk. It is available for employees,

the wider workforce, communities, business

partners and other stakeholders and can be

accessed all day, every day by telephone or

internet and in 75 languages. In most locations,

anyone has the right to contact OpenTalk

anonymously except where this is prohibited

by law.

Any instances where we believe individuals have

fallen short of our expectations, set out in our

beliefs, ‘Who we are’ and our code of conduct,

are taken very seriously and, where appropriate,

a formal investigation is carried out.

We may take action in response to reported

concerns to help proactively mitigate issues

around misconduct. We follow a defined

disciplinary process and will issue sanctions

where appropriate. These may include measures

ranging from coaching or training, formal

reprimands to dismissal.

We received more than 2,800 concerns or

enquiries through these channels in 2024 (2023

2,250). In 2024 around 250 separations resulted

from non-conformance with our code or

unethical behavioure.

As in 2023 the most frequently raised concerns

in 2024 related to bullying, harassment and

discrimination, with these accounting for

around 60% of all concerns. The second most

common concerns related to health, safety,

security and environment.

bp.com/codeofconduct