1、Annual Report 2022 North European Oil Royalty Trust ATTENTION:PLEASE RETAIN CRITICAL TAX INFORMATION ENCLOSED The Annual Meeting of North European Oil Royalty Trust will be held on Wednesday,February 15,2023,in the Emerson Meeting Room at the Courtyard Marriott,75 Railroad St.,Keene,N.H.(near the Ma
2、naging Directors office)and via ZOOM at 11:00 a.m.This will facilitate the participation of additional unit owners.All unit owners are welcome to attend.Unit owners are urged to vote by proxy in the manner provided in the proxy card.Table of Contents Report to Unit Owners.1-2 Description of Trust As
3、sets.3 Managements Discussion and Analysis.3-7 Critical Accounting Estimates.7-8 Report of Independent Registered Public Accounting Firm.9-10 Financial Statements.11-12 Notes to Financial Statements.13-15 Disclosure Controls and Procedures.16 Internal Control over Financial Reporting.16 Trustees,Adm
4、inistration and Important Contacts .17 2022 Tax Letter(Removable).18-21 IMPORTANT TAX INFORMATION For your convenience,the information necessary to prepare your 2022 tax return is included in the removable“2022 Tax Letter”on Pages 18 through 21.Please note that there will be no separate mailing of t
5、he tax letter.The 2022 Tax Letter is also available at the Trusts website,.Unit owners,who are unable to attend in person,may participate in the annual meeting and ask questions during the question period by using the following Zoom link,https:/us02web.zoom.us/j/87210159755.At the start of the prese
6、ntation,you will be muted.At the start of the question period if you wish to pose a question,please click on the“Participants”button at the bottom of the Zoom screen.A window will open to the right.Click on the“”at the bottom of the window and click“Raise Hand.”You will then be called on to unmute y