Equinor

Transaction in Own Shares • Feb 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 February until 25 February, Equinor ASA has purchased a total of

1,841,564 own shares at the Oslo Stock Exchange at an average price of NOK

277.3989 per share.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted

(number of average share Total transaction value

shares) price (NOK) (NOK

21 February 433,564 272.0168 117,936,691.88

22 February 355,000 278.1191 98,732,280.50

23 February 360,000 272.1747 97,982,892.00

24 February 350,000 288.7749 101,071,215.00

25 February 343,000 277.3314 95,124,670.20

Previously disclosed

buy-backs under the

first tranche of the

2022 programme

(accumulated) 2,615,000 269.3852 704,442,349.00

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 21,420,374 233.2608 4,996,532,795.43

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

30,804,499 own shares, corresponding to 0.95% 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)