Sashi MukundanRegional President & Head of Country, India, BPp.l.c.September 12, 2016

India – Energy for growth

Cautionary statement

Please note that this presentation is for informational purposes only. The presenter and BP make no representation regarding, and assumes no responsibility or liability for, the

accuracy or completeness of, or any errors or omissions in, any information contained herein.

The information contains projections and forward-looking statements that may reflect the presenter’s current views with respect to future events and prospects. These views are

based on current assumptions which are subject to various risks and which may change over time.

No assurance can be given that future events will occur, that projections will be achieved, or that the presenter’s assumptions are correct. It is not the intention to provide, and you

may not rely on this presentation as providing, a complete or comprehensive analysis of the growth prospects in India.

The presenter gives no warranty and accepts no responsibility or liability for the accuracy or the completeness of the information and should not be held liable in any way for any

claims, damages or losses, resulting or arising, directly or indirectly from any use of the information by the recipient or any third party, whatsoever.

A large and vibrant market

a young nation, with aspirations and urgency

7.9% GDPgrowth

15000kms of

highways50% belowage of 25

years100

Smart cities

Skill 500m workers by

2022

Energy is India’s bridge to prosperity

Consumption by region

Billion toe

9

12

15

18Other

Other Asia

India

China

OECD

6

3

01965 2000 2035

Energy consumption growth forecas4 t 4.2% p.a.,faster than all major economies in the world

Options across value chain…

UpstreamExploration Developing

and extractingTransporting and trading

Refining & Marketing Petrochemicals

Downstream

…for investments, technology and expertise

Business climate is evolving…

… with Government transforming sector

Transparentstakeholderengagement

HELP, DSF, OALP

Stream-lining ofactivitiesunder PSC

Domestic gaspricing policy

Deregulation of product

prices

BP’s 100 year partnership with IndiaMOLECULESMARKETS MINDS

BP in India, there is energy in this partnership

The Indian rainbow…

• a VIBRANT young nation, with high aspirations

• with an IMPRESSIVE and sustained energy growth

• it presents BIG options across the value chain

• supportive policy & GOVERNANCE initiatives

• an environment in which, YES WE CAN succeed

• to enter India, DSF is a good OPPORTUNITY

• potential for us to be a part of the RISING India story

Innovative thinking and collaborative approach key to success

Growthmarket

DSF –entry

option

Energy hungry

Roomfor allplayers

In summary

Thank you!