{
  "docId": "019dd923-622b-71dc-a6dc-eb7244bd6d81",
  "docSlug": "b21885cc5252",
  "documentTitle": "BP plc (BP)",
  "authorId": "23_Bluebell_Capital",
  "authorName": "Giuseppe Bivona & Marco Taricco",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-05-01 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.7074423,
  "pageNumber": 1,
  "pageCount": 49,
  "prevPage": null,
  "nextPage": 2,
  "slideType": "closing_ask",
  "function": "state_demand",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "This is the first page of a formal shareholder letter.",
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": "https://imgproxy.kitesheet.com/a5jnASEWmWwAQHJki4CnIO4Wnq392z0_93wYItZyxHk/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9iMjE4ODVjYzUyNTIvcDAwMS5wbmc",
  "slideHref": "/slides/019dd923-622b-71dc-a6dc-eb7244bd6d81/1",
  "deckHref": "/decks/019dd923-622b-71dc-a6dc-eb7244bd6d81",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-eb7244bd6d81.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-eb7244bd6d81#slide-1",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We at Bluebell Capital Partners (“Bluebell”) would like to congratulate you on your appointment as Senior Independent Director at BP (also the “Company”).",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-25b5-768c-bb39-45563ee8ab89",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.13,
        "x": 0.76,
        "y": 0.32
      },
      "kind": "paragraph",
      "text": "May 1st, 2024",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0e69eb7b-e06a-445d-a7c2-656f0418b2a7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.76,
        "x": 0.12,
        "y": 0.48
      },
      "kind": "paragraph",
      "text": "We at Bluebell Capital Partners (“Bluebell”) would like to congratulate you on your appointment as Senior Independent Director at BP (also the “Company”). We regard this as a critical role that includes: acting as a sounding board for the Chair, providing them with support in the delivery of their objectives and leading the evaluation of the Chair, working on behalf of the other Directors, also being available to shareholders that have unresolved concerns following communications with the chair / Company through the normal channels.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "31c21dfa-0fce-4701-92fb-e392c77c4ed4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.35,
        "x": 0.12,
        "y": 0.09
      },
      "kind": "paragraph",
      "text": "To the kind attention of: Dame Amanda Blanc, Senior Independent Director, BP plc, 1 St James's Square, London SW1Y 4PD, United Kingdom",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "615e6a90-a750-4449-a5e7-48b65d613c89",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.76,
        "x": 0.12,
        "y": 0.7
      },
      "kind": "paragraph",
      "text": "As you know, from our previous correspondence on which you were copied – please see our letter dated October 4th, 2023 (“BP - from British Petroleum to Beyond Petroleum to Back to Pragmatism”) - Bluebell expressed serious concerns about the company's under-performance and we asked for corrective actions, including the adjustment to oil and gas production in line with the needs of society, and to discontinue investment in new areas",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a6df5f61-8c98-4bca-8ae5-cc19738d8d3d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "BP - from British Petroleum to Beyond Petroleum to Back to Pragmatism — Bluebell Capital Partners",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-25b5-768c-bb39-493eca34ef63",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.24,
        "x": 0.38,
        "y": 0.89
      },
      "kind": "source-note",
      "text": "Bluebell Capital Partners Limited, 2 Eaton Gate, London SW1W 9BJ, Tel: +44 20 3826 0100",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0d07458b-0a75-4db1-9c75-76662e0a7654",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.45,
        "x": 0.18,
        "y": 0.45
      },
      "kind": "title",
      "text": "Subject: Request for a meeting with Bluebell",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "45eba3d9-f9cb-427f-9c75-1b9949a09d8e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.28,
        "x": 0.61,
        "y": 0.04
      },
      "kind": "title",
      "text": "BLUEBELL CAPITAL PARTNERS",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cc2d5651-076d-4d0a-88b8-08e63e5325c9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": "https://imgproxy.kitesheet.com/0c4n6AcoOHJaI14spfS0CmDII9b1Vl6kKc74pIVQ_ms/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9iMjE4ODVjYzUyNTIvcDAwMS5qcGc",
  "thumbSrc": "https://imgproxy.kitesheet.com/aaINAz1xOvEOdO28ybTlVR6H57haLscMYZycBHng_xo/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9iMjE4ODVjYzUyNTIvcDAwMS5wbmc",
  "thumbSrcAlt": "https://imgproxy.kitesheet.com/pKi-Xd3uHTxRmFR1PkR8kTEkjQ6ql54QmKQmKZDUz8k/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9iMjE4ODVjYzUyNTIvcDAwMS5qcGc"
}