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BP PLC

For the period ended Dec 31, 2025. Filed Mar 6, 2026.

View on SEC.gov

About this filing

The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.

FY2025 · Filed Mar 6, 2026

Use the contents to explore the available documents and sections.

BP$44.53-0.4%Stored close · as of Nov 6, 2026
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Contents

Our code of conduct

Our code sets out the principles and

expectations that guide our daily activities. It

provides a framework to support safe and

ethical decision making, sets the standards for

how we do the right thing and empowers us to

speak up without fear of retaliation. Our code

is the foundation of ‘Who we are’, our culture

frame, and it puts safety first. Together with

our Safety Leadership Principles and OMS«,

it helps us act responsibly, comply with

applicable laws, and implement our

sustainability frame.

Our code applies to all bp employees, officers

and board membersb. Regular mandatory

training and communications help employees

understand how to apply it and how to raise

questions or concerns.

All bp employees are required to confirm

annually that they have read and understand

our code and act in accordance 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 leaders, and

contacts in our people & culture, ethics &

compliance, safety & operational risk

assurance or legal teams. We also have a

confidential global helpline, OpenTalk. It is

available for bpemployees, 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. Anyone has the right to

contact OpenTalk anonymously, except where

prohibited by law.

We take potential misconduct seriously and

thoroughly review allegations and respond,

conducting investigations where appropriate.

We may take action in response to reported

concerns to help proactively mitigate issues

around misconduct. We follow a defined

disciplinary process and will take action or

issue sanctions where appropriate. These may

include coaching or training, formal

reprimands or dismissal.

Nearly 5,000 concerns or enquiries were

reported in 2025 (2024 ~2,800). In 2025

around 1,300 separations resulted from non-

conformance with our code, including

unethical behaviour. Almost 90% of these

separations were from our retail business.

The most frequently raised concerns in 2025

related to alleged bullying, harassment and

discrimination, with these accounting for

around half of all concerns. The second

most common concerns related to allegations

concerning assets and financial integrity.

The 2025 mandatory code of conduct

training assigned to all bp employees

included a specific section on non-

harassment. Additionally, employees were

assigned a separate training module aimed

at preventing fraud.

bp.com/codeofconduct

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.