BP 2013 Annual Report Download - page 283

Fees and payments made by the Depositary
to the issuer
The Depositary has agreed to reimburse certain company expenses
related to the company’s ADS programme and incurred by the company
in connection with the ADS programme arising during the year ended
31 December 2013. The Depositary reimbursed to the company, or paid
amounts on the company’s behalf to third parties, or waived its fees and
expenses, of $2,815,205.43 for the year ended 31 December 2013.
The table below sets out the types of expenses that the Depositary has
agreed to reimburse and the fees it has agreed to waive for standard
costs associated with the administration of the ADS programme relating
to the year ended 31 December 2013. The Depositary has also paid
certain expenses directly to third parties on behalf of the company.
Category of expense reimbursed,
waived or paid directly to third parties
Amount reimbursed, waived or paid
directly to third parties for
the year ended 31 December 2013
NYSE listing fees reimbursed $420,168
Service fees and out of pocket expenses
waiveda$1,428,022.6
Broker fees reimbursedb$858,306.07
Other third-party mailing costs reimbursedc$108,708.76
Total $2,815,205.43
aIncludes fees in relation to transfer agent costs and costs of the BP Scrip Dividend Programme
operated by JPMorgan Chase Bank, N.A.
bBroker reimbursements are fees payable to Broadridge for the distribution of hard copy material
to ADR beneficial holders in the Depository Trust Company. Corporate materials include
information related to shareholders’ meetings and related voting instructions. These fees are
SEC approved.
cPayment of fees to Precision IR for proxy solicitation and investor support.
Under certain circumstances, including removal of the Depositary or
termination of the ADR programme by the company, the company is
required to repay the Depositary amounts reimbursed and/or expenses
paid to or on behalf of the company during the 12-month period prior to
notice of removal or termination.
Documents on display
BP Annual Report and Form 20-F 2013 and BP Strategic Report 2013 are
also available online at bp.com/annualreport. Shareholders may obtain a
hard copy of BP’s complete audited financial statements, free of charge,
by contacting BP Distribution Services at [phone] or via an
email request addressed to [email protected] or from
Precision IR at [phone] or via an email request addressed to
[email protected] if in the US and Canada.
The company is subject to the information requirements of the US
Securities Exchange Act of 1934 applicable to foreign private issuers. In
accordance with these requirements, the company files its Annual Report
on Form 20-F and other related documents with the SEC. It is possible to
read and copy documents that have been filed with the SEC at the SEC’s
public reference room located at 100 F Street NE, Washington, DC
20549, US. You may also call the SEC at +1 800-SEC-0330. In addition,
BP’s SEC filings are available to the public at the SEC’s website. BP
discloses on its website at bp.com/NYSEcorporategovernancerules,and
in this report (see Corporate governance practices (Form 20-F Item 16G)
on page 110) significant ways (if any) in which its corporate governance
practices differ from those mandated for US companies under NYSE
listing standards.
Shareholder information
BP Annual Report and Form 20-F 2013 279