1、ATTENTION:PLEASE RETAINCRITICAL TAX INFORMATION ENCLOSEDNorth EuropeanOilRoyaltyTrustAnnual Report?In light of public health concerns related to the Coronavirus(COVID-19)outbreak,and to help protect the health and well-being of the Trusts Unit Owners,employees and representatives,the Annual Meeting
2、of North European Oil Royalty Trust will be held on Wednesday,February 17,2021,in the Thoreau Room at the Courtyard Marriott,75 Railroad St.,Keene,N.H.(near the Managing Directors office)at 11:00 a.m.Unit owners are urged to vote by proxy in the manner provided in the proxy card.Table of Contents Re
3、port to Unit Owners.1-2Description of Trust Assets.3 Managements Discussion and Analysis.4-7Critical Accounting Policies .8 Report of Independent Registered Public Accounting Firm.9-10Financial Statements.11-12Notes to Financial Statements.13-15Disclosure Controls and Procedures.16 Internal Control
4、over Financial Reporting.16 Trustees,Administration and Important Contacts .17 2020 Tax Letter(Removable).19-22IMPORTANT TAX INFORMATION For your convenience,the information necessary to prepare your 2020 tax return is included in the removable“2020 Tax Letter”on Pages 19 through 22.Please note that
5、 there will be no separate mailing of the tax letter.The 2020 Tax Letter is also available at the Trusts website,.Owners who cannot attend in person may observe the annual meeting and ask questions during the question period by using the following Zoom link,https:/us02web.zoom.us/j/89100592013.When
6、you enter the meeting,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