Equinor

Transaction in Own Shares • Jun 20, 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 12 June to 16 June, Equinor ASA has purchased a total of 2,210,000 own

shares at the Oslo Stock Exchange at an average price of NOK 318.1827 per share.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted

(number of average share Total transaction value

shares) price (NOK) (NOK)

12 June 550,000 311.8662 171,526,410.00

13 June 550,000 317.5853 174,671,915.00

14 June 560,000 320.9159 179,712,904.00

15 June

16 June 550,000 322.3137 177,272,535.00

Previously disclosed

buy-backs under the

second tranche of

the 2023 programme 8,928,860 298.7248 2,667,271,841.68

Total buy-backs

under second tranche

of the 2023

programme

(accumulated) 11,138,860 302.5853 3,370,455,605.68

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

75,898,338 own shares, corresponding to 2.39% 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