BP plc Investor Presentation — May 2022

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3 May 2022bp first quarter 2022

1Q 2022 financial results

svp investor relations

Good morning everyone and welcome tobp’s first quarter 2022 results

I’m here today with Bernard Looney, chief executive officer and Murray

Auchincloss, chief financial officer .

Before webegin today, letmedraw your attention toourcautionary statement .

21Q 2022 financial resultsCautionary statement

* For items marked with an asterisk throughout this document, definitions are provided in the glossary

3Inorder toutilize the‘safe harbor ’provisions oftheUnited States Private Securities Litigation Reform Actof1995 (the‘PSLRA’) andthegeneral doctrine ofcautionary statements, bpisproviding thefollowing cautionary statement :Thediscussion inthisresults announcement

contains certain forecasts, projections andforward -looking statements -thatis,statements related tofuture, notpast events andcircumstances -with respect tothefinancial condition, results ofoperations andbusinesses ofbpandcertain oftheplans andobjectives ofbp

with respect tothese items .These statements may generally, butnotalways, beidentified bytheuseofwords such as‘will’, ‘expects’, ‘isexpected to’,‘aims’, ‘should’, ‘may’, ‘objective’, ‘islikely to’,‘intends’, ‘believes’, ‘anticipates’, ‘plans’, ‘wesee’, ‘focus on’orsimilar

Inparticular, thefollowing, among other statements, areallforward looking innature :expectations regarding theCOVID -19pandemic andtheconflict inUkraine, including theimpacts andconsequences oneconomic growth, demand, andbp’s operations andfinancial

performance ;plans andexpectations related tobp’s exiting ofitsRosneft shareholding andtheexiting ofitsother businesses inRussia ;plans, expectations andassumptions regarding oilandgasdemand, supply orprices, storage, thetiming ofproduction ofreserves, or

decision making byOPEC+ ;plans andexpectations regarding bp’s performance, earnings andcapital expenditure, including with respect tobp’s resilient hydrocarbons, convenience andmobility andlowcarbon energy businesses ;plans andexpectations related toearnings