BP PLC Annual Shareholders Meeting Transcript
Good morning, and welcome to the 112th Annual General Meeting of BP p.l.c. It is now 11:00 AM, a quorum is present, and I formally declare the meeting open. My name is Helge Lund, and I'm BP's Chairman, and I'm chairing our meeting today from Norway.
Due to the measures put in place by the U.K. government in response to the COVID-19 pandemic, this year's AGM is a combined physical and electronic meeting. This means that while shareholders, proxies and others are not able to attend in person, you're still able to participate fully using BP's electronic meeting platform. Our aim with this meeting format is to make this occasion as open, accessible and informative for our shareholders as possible in the circumstances. To those of you who would ordinarily have attended the AGM in person, may I express our appreciation for your understanding at these times.
As part of the meeting today, we will hear from our CEO, Bernard Looney; and our Senior Independent Director and Chair of the Remuneration Committee, Paula Reynolds. And later in
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