Equinor

Transaction in Own Shares • Jul 17, 2023

Equinor ASA: Share buy-back

Equinor ASA: Share buy-back

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

programme for Equinor ASA (OSE:EQNR, NYSE:EQNR).

Date on which the second tranche of the share buy-back programme for 2023 was

announced: 4 May 2023.

The duration of the second tranche of the buy-back programme for 2023: 11 May to

no later than 25 July 2023.

Size of the buy-back programme: Up to 94,000,000 shares, with a maximum total

consideration for the second tranche: USD 550,000,000.

From 10 July to 12 July 2023, Equinor ASA has purchased a total of 457,000 own

shares at the Oslo Stock Exchange at an average price of NOK 306.1634 per share.

The second tranche of the share buy-back programme for 2023 has now been

completed.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted

(number of average share Total transaction value

shares) price (NOK) (NOK)

10 July 210,000 306.1655 64,294,755.00

11 July 190,000 305.3956 58,025,164.00

12 July 57,000 308.7153 17,596,772.10

Previously disclosed

buy-backs under the

second tranche of

the 2023 programme 18,915,717 307.0436 5,807,950,009.10

Total buy-backs

under second tranche

of the 2023

programme

(accumulated) 19,372,717 307.0228 5,947,866,700.20

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

27,251,562 own shares, corresponding to 0.91% of Equinor ASA's share capital,

including shares under Equinor's share savings programme.

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