Equinor

Share Issue/Capital Change • Jan 31, 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 second tranche of the share buy-back programme for 2021 was

announced: 27 October 2021.

The duration of the second tranche of the buy-back programme: 27 October 2021 to

31 January 2022.

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

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

From 24 January until 28 January 2022, Equinor ASA has purchased a total of

916,960 own shares at the Oslo Stock Exchange at an average price of NOK

252.0290 per share.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted

(number of average share Total transaction value

shares) price (NOK) (NOK

24 January 185,095 250.4655 46,359,911.72

25 January 185,951 249.4951 46,393,863.34

26 January 179,166 255.4921 45,775,497.59

27 January 179,538 257.0943 46,158,196.43

28 January 187,210 247.9196 46,413,028.32

Previously disclosed

buy-backs under the

second tranche of

the 2021 programme

(accumulated) 11,470,566 233.8913 2,682,865,096.43

Previously disclosed

buy-backs under the

first tranche of the

2021 programme

(accumulated) 4,575,502 189.5059 867,084,609.04

Total buy-backs

under the 2021

programme 16,963,028 222.8995 3,781,050,202.87

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

26,150,023 own shares, corresponding to 0.80% 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)