The Laurence Olivier Award is a prestigious annual award presented in the United Kingdom to recognize excellence in professional theater. Established in 1976, it honors outstanding achievements in various categories, including acting, directing, and production. The awards are named after the renowned actor and director Laurence Olivier, who significantly contributed to the performing arts. The awards are administered by the Society of London Theatre and are typically presented in a ceremony held in the West End. Nominations are made by a panel of judges, and winners are selected based on their performances and contributions to theater during the previous year.