'The Revenant' leads the way with 12 Academy Award nominations.

Leonardo DiCaprio

Leonardo DiCaprio

The semi-biographical western film set in 1823 and inspired by the experiences of frontiersman and fur trapper Hugh Glass will compete in a number of categories at the ceremony at the Dolby Theatre in Los Angeles on February 28, 2016.

Star Leonardo DiCaprio will vie for Best Actor, Alejandro G Inarritu is up for Best Director, Tom Hardy has been nominated for Best Supporting Actor and the movie will compete for Best Picture.

Other nominations include Best Film Editing, Best Visual Effects, Best Make-up and Hairstyling, Best Sound Mixing, Best Sound Editing, Best Costume Design, Best Production Design and Best Cinematography.

'Mad Max: Fury Road' is second with an impressive 10 nominations, including Best Picture and Best Director for George Miller, although its cast missed out on acting nods.

Meanwhile, 'The Martian' has seven nominations, including Best Picture and Best Actor for its star Matt Damon.

Other nominees include Cate Blanchett, Brie Larson, Jennifer Lawrence, Charlotte Rampling and Saoirse Ronan, who will compete for Best Actress.

Jennifer Leigh, Rooney Mara, Rachel McAdams, Alicia Vikander and Kate Winslet will compete for Best Supporting Actress while Hardy will battle Christian Bale, Mark Ruffalo, Sylvester Stallone and Mark Rylance for Best Supporting Actor.

Matt and Leonardo DiCaprio will compete with Bryan Cranston, Michael Fassbender and Eddie Redmayne for Best Actor.

Miller and Innaritu's fellow Best Director nominees include Adam McKay , Lenny Abhramson and Tom McCarthy while the Best Picture nominees are 'The Big Short', 'Bridge of Spies', 'Brooklyn', Mad Max: Fury Road', 'The Martian', 'The Revenant', 'Room' and 'Spotlight.'

Academy President Cheryl Boone Isaacs was joined by actor John Krasinski and directors Guillermo del Toro and Ang Lee to announce the nominees in all 24 categories while Chris Rock will host the 88th annual Academy Awards on Feburay 28.

2016 Academy Award nominees

Best Picture

'The Big Short'

'Bridge of Spies'

'Brooklyn'

'Mad Max: Fury Road'

'The Martian'

'The Revenant'

'Room'

'Spotlight'

Best Actor

Bryan Cranston - 'Trumbo

Matt Damon - 'The Martian

Leonardo DiCaprio - 'The Revenant'

Michael Fassbender - 'Jobs'

Eddie Redmayne - 'The Danish Girl'

Best Actress

Cate Blanchett - 'Carol'

Brie Larson - 'Room'

Jennifer Lawrence - 'Joy'

Charlotte Rampling - '45 Years'

Saoirse Ronan - 'Brooklyn'

Best Director

Adam Mckay - 'The Big Shiort'

George Miller - 'Mad Max: Fury Road'

Alejandro G Inarritu - 'The Revenant'

Lenny Abrahamson - 'Room'

Tom McCarthy - 'Spotlight'

Best Foreign Language Film

'Embrace of the Serpant'

'Mustang'

'Son of Saul'

'Theeb'

'A War'

Best Original Score

'Bridge of Spies'

'Carol'

'The Hateful Eight'

'Sicario'

'Star Wars: The Force Awakens'

Best Original Screenplay

'Bridge of Spies'

'Ex Machina'

'Inside Out'

'Spotlight'

'Straight Outta Compton'

Best Adapted Screenplay

'The Big Short'

'Brooklyn'

'Carol'

'The Martian'

'Room'

Best Production Design

'Bridge of Spies'

'The Danish Girl'

'Mad Max: Fury Road'

'The Martian'

'The Revenant'

Best Film Editing

'The Big Short'

'Mad Max: Fury Road'

'The Revenant'

'Star Wars: The Force Awakens'

'Spotlight'

Best Visual Effects

'Ex Machina'

'Mad Max: Fury Road'

'The Martian'

'The Revenant'

'Star Wars: The Force Awakens'

Best Supporting Actress

Jennifer Jason Leigh - 'The Hateful Eight'

Rooney Mara - 'Carol'

Rachel McAdams - 'Spotlight'

Alicia Vikander - 'The Danish Girl'

Kate Winslet - 'Steve Jobs'

Best Supporting Actor

Christian Bale - 'The Big Short'

Tom Hardy - 'The Revenant'

Mark Ruffalo - 'Spotlight'

Mark Rylance - 'Bridge of Spies'

Sylvester Stallone - 'Creed'

Best Animated Feature Film

'Anomalisa'

'Inside Out'

'Shaun the Sheep'

'Boy and the Wild'

'When Marnie Was There'

Best Animated Short Film

'Bear Story'

'Prologue'

'Sanjay's Superteam'

'We Can't Live Without Cosmos'

'World of Tomorrow'

Best Live Action Short Film

'Ava Maria'

'Day One'

'Everything Will Be Okay'

'Shok'

'Stutterer'

Best Makeup and Hairstyling

'Mad Max: Fury Road'

'The 100-year-old Man Who Climbed Out of the Window and Diasappeared'

'The Revenant'

Best Documentary - short subject

'Body Team 12'

'Chau Beyond the Lines'

'Claude Lanzmann'

'A Girl in the River'

'Last Day of Freedom'

Best Sound Mixing

'Bridge of Spies'

'Mad Max: Fury Road'

'The Martian'

'The Revenant'

'Star Wars: The Force Awakens'

Best Sound Editing

'Mad Max : Fury Road'

'The Martian'

'The Revenant'

'Sicario'

'Star Wars: The Force Awakens'

Best Costume Design

'Carol'

'Cinderella'

'The Danish Girl'

'Mad Max: Fury Road'

'The Revenant'

Best Documentary - feature

'Amy'

'Cartel Land'

'The Look of Silence'

'What Happened, Miss Simone?'

'Winter on Fire: Ukraine's Fight for Freedom'

Best Original Song

'Earned It - 50 Shades of 'Grey'

'Til It Happens To You - 'The Hunting Ground'

'Writings On The Wall - 'Spectre'

'Manta Ray' - 'Racing Extinction'

'Simple Song 3' - 'Youth'

Best Cinematography

'Carol'

'Hateful Eight'

'Mad Max: Fury Road'

'The Revenant'

'Sicario'

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