Equinor

Transaction in Own Shares • Dec 12, 2025

Equinor ASA: Buy-back of shares to share programmes for employees

Equinor ASA: Buy-back of shares to share programmes for employees

Please see below information about transactions made under the buy-back

programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the

share-based incentive programmes for employees and management.

Date on which the buy-back programme was announced: 5 February 2025.

The duration of the buy-back programme: 14 February 2025 to 15 January 2026.

Size of the buy-back programme: The total purchase amount under the programme is

NOK 1,992,000,000 and the maximum shares to be acquired is 19,080,000 shares, of

which up to 8,040,000 shares can be acquired in the period from 14 February

2025 to 15 May 2025, and up to 11,040,000 shares can be acquired in the period

from 16 May 2025 to 15 January 2026.

On 10 December 2025, Equinor ASA has purchased a total of 747,336 own shares at

the Oslo Stock Exchange at an average price of NOK 232.8268 share.

Aggregated overview of transactions per day:

+---------------------+------------------+----------------+--------------------+

|Date | |Weighted average| |

| | Aggregated volume| share price| Total transaction|

| |(number of shares)| (NOK) | value (NOK) |

+---------------------+------------------+----------------+--------------------+

|  |  |  |  |

+---------------------+------------------+----------------+--------------------+

|10 December 2025 | 747,336| 232.8268| 173,999,849|

+---------------------+------------------+----------------+--------------------+

|  |  |  |  |

+---------------------+------------------+----------------+--------------------+

|Previously disclosed | | | |

|buy-backs under the | | | |

|programme | | | |

|(accumulated) | 6,583,226| 249.7254| 1,643,999,061|

+---------------------+------------------+----------------+--------------------+

|  |  |  |  |

+---------------------+------------------+----------------+--------------------+

|Total buy-backs under| | | |

|the programme | 7,330,562| 248.0027| 1,817,998,910|

+---------------------+------------------+----------------+--------------------+

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

53,066,260 own shares, corresponding to 2.08% of Equinor ASA's share capital,

including shares purchased under the previous buy-back programme for the share-

based incentive programmes for employees, and shares purchased under Equinor's

disclosed buy-back programmes which will be used to reduce the issued share

capital of the company.

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

Bård Glad Pedersen, senior vice president Investor Relations,

+47 918 01 791

Media

Sissel Rinde, vice president Media Relations,

+47 412 60 584