Equinor

Transaction in Own Shares • Dec 13, 2023

Equinor ASA: Buy-back of shares to share programmes for employees

Equinor ASA: Buy-back of shares to share programmes for employees

Please see below information about transactions made under the buy-back

programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the

share-based incentive programmes for employees and management.

Date on which the buy-back programme was announced: 8 February 2023.

The duration of the buy-back programme: 15 February 2023 to 15 January 2024.

Size of the buy-back programme: The total purchase amount under the programme is

NOK 1,535,150,000 and the maximum shares to be acquired is 20,000,000 shares, of

which up to 12,000,000 shares can be acquired in the period from 15 February

2023 to 10 May 2023, and up to 8,000,000 shares can be acquired in the period

from 15 June 2023 to 15 January 2024.

On 8 December 2023, Equinor ASA has purchased a total of 387,957 own shares at

the Oslo Stock Exchange at an average price of NOK 335.0886 per share.

Aggregated overview of transactions per day:

Date Weighted average

Aggregated volume share price Total transaction

(number of shares) (NOK) value (NOK)

8 December 2023 387,957 335.0886 129,999,968

Previously disclosed

buy-backs under the

programme

(accumulated) 3,963,537 323.9264 1,275,148,423

Total buy-backs under

the programme 4,324,494 324.9278 1,405,148,391

Following the completion of the above transactions, Equinor ASA owns a total of

53,866,461 own shares, corresponding to 1.79% of Equinor ASA's share capital,

including shares purchased under the previous buy-back programme for the share-

based incentive programmes for employees, and shares purchased under Equinor's

disclosed buy-back programmes which will be used to reduce the issued share

capital of the company.

This is information that Equinor ASA is obliged to make public pursuant to the

EU Market Abuse Regulation and subject to the disclosure requirements pursuant

to Section 5-12 of the Norwegian Securities Trading Act.

Appendix:

A detailed overview of all transactions made under the buy-back programme that

have been carried out during the above-mentioned time period is attached to this

report and available at www.newsweb.no.

Further information from

Investor relations

Bård Glad Pedersen, senior vice president Investor Relations,

+47 918 01 791

Media

Sissel Rinde, vice president Media Relations,

+ 47 412 60 584