BP to keep Deloitte as statutory auditor from 2028

BP p. reports that its Board has concluded a formal audit tender process and confirmed the re-appointment of Deloitte LLP as statutory auditor with effect from the 2028 financial year onwards.

Rhea-AI Filing Summary

BP p. reports that its Board has concluded a formal audit tender process and confirmed the re-appointment of Deloitte LLP as statutory auditor with effect from the 2028 financial year onwards. This re-appointment will only take effect if approved by shareholders at the 2027 Annual General Meeting.

BP p. notes that, in line with applicable legislation, the statutory audit must be tendered every 10 years and the auditor must rotate every 20 years. Deloitte was initially appointed as BP p.’s statutory auditor from the 2018 financial year. Further information on the audit tender process will appear in the company’s 2026 Annual Report and Accounts.

Key Figures

Effective audit year: 2028 financial year Shareholder approval year: 2027 Initial Deloitte appointment: 2018 financial year +2 more

5 metrics

Effective audit year 2028 financial year Start of Deloitte’s re-appointed term as BP p.’s statutory auditor, subject to approval

Shareholder approval year 2027 Year of the Annual General Meeting at which Deloitte’s re-appointment must be approved

Initial Deloitte appointment 2018 financial year Year from which Deloitte first served as BP p.’s statutory auditor

Audit tender requirement every 10 years Frequency with which BP p. must tender its statutory audit under applicable legislation

Audit rotation limit every 20 years Maximum period before statutory auditor rotation required by applicable legislation

Key Terms

Form 6-K, statutory auditor, audit tender process, Annual General Meeting

4 terms

Form 6-K regulatory

"SECURITIES AND EXCHANGE COMMISSION Form 6-K Report of Foreign Issuer"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

statutory auditor regulatory

"formal tender process for the role of statutory auditor, the Board has confirmed"

A statutory auditor is an independent, legally required accountant who examines a company’s financial records and issues an official opinion on whether the financial statements give a true and fair view. Investors rely on this check as a trusted third-party stamp—like a certified inspection—because it reduces the chance that errors, omissions or rule-breaking will mislead people making investment decisions.

audit tender process financial

"following the conclusion of a formal tender process for the role"

Annual General Meeting financial

"re-appointment is subject to shareholder approval at the 2027 Annual General Meeting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BP (BP) decide about its statutory auditor?

BP p.’s Board confirmed the re-appointment of Deloitte LLP as the company’s statutory auditor, effective from the 2028 financial year, subject to shareholder approval at the 2027 Annual General Meeting following a formal audit tender process.

When does Deloitte’s renewed statutory audit role at BP (BP) begin?

Deloitte’s renewed role as BP p.’s statutory auditor is set to begin with the 2028 financial year. This appointment is conditional on shareholders approving Deloitte’s re-appointment at BP p.’s 2027 Annual General Meeting in accordance with applicable legislation.

What shareholder approval is required for BP (BP) to re-appoint Deloitte?

The re-appointment of Deloitte LLP as BP p.’s statutory auditor is subject to shareholder approval at the 2027 Annual General Meeting. Only if shareholders vote in favor at that meeting will Deloitte’s new audit term commence from the 2028 financial year.

Why did BP (BP) run an audit tender process?

BP p. states that, under applicable legislation, the statutory audit must be tendered every 10 years and the auditor must rotate every 20 years. The recently concluded formal audit tender process was conducted to comply with these regulatory requirements.

Since when has Deloitte been BP’s (BP) statutory auditor?

Deloitte LLP was initially appointed as BP p.’s statutory auditor with effect from the 2018 financial year. The Board now intends to continue with Deloitte from the 2028 financial year, subject to shareholder approval at the 2027 Annual General Meeting.

Where will BP (BP) provide more detail on the audit tender process?

BP p. indicates that information on the audit tender process will be included in the company’s 2026 Annual Report and Accounts. That report will provide additional narrative on how the tender was conducted and how the decision on Deloitte was reached.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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Available on EDGAR 07/31/2026 - 12:25 PM Accepted by SEC EDGAR 07/31/2026 - 12:24 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

31 July, 2026

BP p.l.c.

(Translation of registrant's name into English)

1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.

Form 20-F |X| Form 40-F

--------------- ----------------

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of

1934.

Yes No |X|

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Exhibit 1.1 Conclusion of Audit Tender Process dated 31 July 2026

Exhibit 1.1

31 July 2026

BP p.l.c.

Conclusion of Audit Tender Process

BP p.l.c. (the 'Company') today announces that, following the conclusion of a formal tender process for the role of statutory auditor, the Board has confirmed the re-appointment of Deloitte LLP ('Deloitte') as the Company's statutory auditor with effect from the 2028 financial year onwards. The re-appointment is subject to shareholder approval at the 2027 Annual General Meeting.

In line with applicable legislation, the Company is required to tender the statutory audit every 10 years and rotate every 20 years. The Company initially appointed Deloitte as the statutory auditor with effect from the 2018 financial year.

Information on the audit tender process will be included in the Company's 2026 Annual Report and Accounts.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BP p.l.c.

(Registrant)

Dated: 31 July 2026

/s/ Ben J. S. Mathews

------------------------

Ben J. S. Mathews

Company Secretary