Equinor

Transaction in Own Shares • Jan 24, 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 17 January until 21 January 2022, Equinor ASA has purchased a total of

896,914 own shares at the Oslo Stock Exchange at an average price of NOK

252.3829 per share.

Aggregated overview of transactions per day:

Date Aggregated volume Weighted

(number of average share Total transaction value

shares) price (NOK) (NOK

17 January 178,210 252.7817 45,048,226.76

18 January 176,720 255.7435 45,194,991.32

19 January 178,336 253.2430 45,162,343.65

20 January 181,261 249.8380 45,285,885.72

21 January 182,387 250.4252 45,674,300.95

Previously disclosed

buy-backs under the

second tranche of

the 2021 programme

(accumulated) 10,573,652 232.3227 2,456,499,348.03

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 16,046,068 221.2349 3,549,949,705.47

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

25,233,063 own shares, corresponding to 0.77% 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)