Equinor

Transaction in Own Shares • Mar 28, 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 first tranche of the share buy-back programme for 2022 was

announced: 9 February 2022.

The duration of the first tranche of the buy-back programme for 2022: 10

February to 25 March 2022.

Size of the buy-back programme: Up to 58,036,190 shares, with a maximum total

consideration for the first tranche: USD 330,000,000.

From 21 March until 25 March, Equinor ASA has purchased a total of 1,200,401 own

shares at the Oslo Stock Exchange at an average price of NOK 317.5369 per share.

The first tranche of the share buy-back programme for 2022 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

21 March 293,000 311.3862 91,236,156.60

22 March 306,500 318.0847 97,492,960.55

23 March 307,000 319.7393 98,159,965.10

24 March 150,200 321.8257 48,338,220.14

25 March 143,701 319.7219 45,944,356.75

Previously disclosed

buy-backs under the

first tranche of the

2022 programme

(accumulated) 8,967,580 284.4290 2,550,640,161.08

Previously disclosed

buy-backs under the

first and second

tranche of the 2021

programme

(accumulated) 16,963,810 222.9006 3,781,242,696.86

Total buy-backs

under the 2021 and

2022 programme 27,131,791 247.4239 6,713,054,517.08

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

36,694,966 own shares, corresponding to 1.13% 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

Peter Hutton, senior vice president Investor Relations,

+44 7881 918 792 (mobile)

Media

Sissel Rinde, vice president Media Relations,

+ 47 412 60 584 (mobile)