Equinor

Transaction in Own Shares • Oct 17, 2022

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 third tranche of the share buy-back programme for 2022 was

announced: 27 July 2022.

The duration of the third tranche of the buy-back programme for 2022: 28 July to

no later than 26 October 2022.

Size of the buy-back programme: Up to 75,000,000 shares, with a maximum total

consideration for the third tranche: USD 604,890,000.

From 10 October until 11 October, Equinor ASA has purchased a total of 565,813

own shares at the Oslo Stock Exchange at an average price of NOK 373.8531 per

share.

The third tranche of the share buy-back programme for 2022 has now been

completed.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted Total transaction value

(number of average share (NOK)

shares) price (NOK)

10 October 332,120 375.8638 124,831,885.26

11 October 233,693 370.9955 86,699,051.38

12 October

13 October

14 October

Previously disclosed 16,017,429 366.8565 5,876,098,106.91

buy-backs under the

third tranche of the

2022 programme

(accumulated)

Accumulated under 16,583,242 367.0952 6,087,629,043.55

the buy-back

programme third

tranche (started 28

July)

Accumulated under 10,167,981 288.3377 2,931,811,820.22

the buy-back

programme first

tranche 2022

(started 9 February)

Accumulated under 12,515,487 344.1722 4,307,483,267.18

the buy-back

programme second

tranche 2022

(started 16 May)

Total buy-backs 39,266,710 339.3950 13,326,924,130.95

under the 2022

programme

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

39,882,791 own shares, corresponding to 1.26% 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

Mads Holm, senior vice president Treasury & Tax and Investor Relations,

+47 909 55 417

Media

Sissel Rinde, vice president Media Relations,

+ 47 412 60 584