BP PLC

The expectation regarding time commitment for

NEDs to effectively discharge their duties is set out

in the directors’ letters of appointment. The time

commitment varies with the demands of bp

business and other events. The NEDs’ external time

commitments – whether through executive, non-

executive, advisory or other roles – are regularly

reviewed by the company secretary to ensure that

directors are able to allocate appropriate time to

bp. A register of directors’ time commitments and

conflicts is maintained and is also reviewed

annually by the people, culture and governance

committee. The review process takes into account

outside appointments and other external

commitments and considers the complexity of the

organization, the nature of the role, the sector

(especially regulated and/or potentially competing

sectors) and any leadership roles (e.g. a chair

position). NEDs are also required to consult with

the company secretary and chair before accepting

any other role that may impact their ability to

commit appropriate time to bp. The process for the

approval of any new external appointment,

significant or otherwise, for an existing director

assesses the impact of that appointment on the

director’s time in order to ensure the director has

sufficient capacity for their role with bp. As part of

that same review process, a review of

independence and potential conflicts of interest is

undertaken, taking account of institutional investor

and proxy advisor guidance and market best

practice. Any external proposed commitments that

could exceed the mandates set out in such

guidance are given particular consideration. The

board was satisfied that significant appointments

undertaken during 2025 did not impact the

directors’ ability to prepare for and attend

meetings, engage with stakeholders and

participate in learning and development

opportunities. The board has concluded that,

notwithstanding external appointments held, each

director is able to dedicate sufficient time to fulfil

their bp duties. In compliance with the Code, none

of the executive directors who served during 2025

held more than one non-executive directorship in a

FTSE 100 company or other significant

appointment throughout their tenure on the board.

For more information on the external

commitments of bp’s directors, see pages 73-75.

For information on board meetings held during

2025 and director attendance at board meetings,

see page 75.