Equinor

Transaction in Own Shares • Oct 3, 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 26 September until 30 September, Equinor ASA has purchased a total of

1,813,000 own shares at the Oslo Stock Exchange at an average price of NOK

350.4724 per share.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted

(number of average share Total transaction value

shares) price (NOK) (NOK)

26 September 364,000 339.6894 123,646,941.60

27 September 366,000 348.0620 127,390,692.00

28 September 357,000 353.6795 126,263,581.50

29 September 365,000 353.2732 128,944,718.00

30 September 361,000 357.7852 129,160,457.20

Previously disclosed

buy-backs under the

third tranche of the

2022 programme

(accumulated) 12,523,020 368.5693 4,615,600,284.30

Accumulated under

the buy-back

programme third

tranche (started 28

July) 14,336,020 366.2806 5,251,006,674.60

Accumulated under

the buy-back

programme first

tranche 2022

(started 9 February) 10,167,981 288,3377 2,931,811,820.22

Accumulated under

the buy-back

programme second

tranche 2022

(started 16 May) 12,515,487 344,1722 4,307,483,267.18

Total buy-backs

under the 2022

programme 37,019,488 337.3980 12,490,301,762.00

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

37,323,163 own shares, corresponding to 1.18% 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 (http://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