Equinor — AGM Information 2015

May 19, 2015

Statoil ASA: Annual general meeting approves dividend of NOK 1.80 per share for the fourth quarter of 2014

Statoil ASA: Annual general meeting approves dividend of NOK 1.80 per share for the fourth quarter of 2014

On 19 May 2015 the annual general meeting of shareholders in Statoil ASA (OSE:

STL, NYSE: STO) adopted the annual report and accounts for Statoil ASA for

2014, as proposed by the board of directors.

The annual accounts and the annual report for Statoil ASA and the Statoil group

for 2014 were approved, and a dividend of NOK 1.80 per share will be distributed

for the fourth quarter of 2014, implying a full-year dividend of NOK 7.20 per

share for 2014. The dividend accrues to the company's shareholders as of 19 May

2015. Statoil's shares listed on the Oslo Stock Exchange (Oslo Børs) will be

traded ex-dividend as of 20 May 2015. American Depositary Shares (ADS) listed on

the New York Stock Exchange will be traded ex-dividend as of 19 May 2015. The

expected dividend payment date for Statoil's shares on Oslo Stock Exchange (Oslo

Børs) is 29 May 2015. The expected payment date for dividends in USD under the

US American Depository Receipts (ADR) program is 4 June 2015.

The general meeting authorised the board to implement quarterly dividend

payments until the next ordinary annual general meeting. The board has already

approved the payment of an interim dividend for the first quarter of 2015 of NOK

1.80 per share.

The interim dividend accrues to the shareholders as of 13 August 2015. Statoil's

shares listed on Oslo Stock Exchange (Oslo Børs) will be traded ex-dividend as

of 14 August 2015, and the American Depositary Shares (ADS) listed on New York

Stock Exchange will be traded ex-dividend as of 13 August 2015. The expected

dividend payment date for Statoil's shares on Oslo Stock Exchange (Oslo Børs) is

on 27 August 2015. The expected payment date for dividends in USD under the US

American Depository Receipts (ADR) program is 3 September 2015.

Bjørn Ståle Haavik, Director General of the Ministry of Oil and Energy, was

elected as personal deputy for Elisabeth Berge in the nomination committee until

the 2016 annual general meeting.

The general meeting gave its approval of the board's statement on the

stipulation of salary and other remuneration for the executive management. It

also approved the remuneration to the company's auditor, the corporate assembly

and the nomination committee.

The general meeting authorised the board to acquire shares in Statoil ASA in the

market in order to continue the share saving plan for employees. The general

meeting also authorised the board to acquire shares in Statoil ASA in the market

for subsequent annulment.

A proposal from shareholders had been submitted in advance, suggesting that

Statoil in its routine annual reporting from 2016 should include further

information related to sustainable development. This proposal was adopted.

Two other proposals had also been submitted by shareholders, one suggesting that

Statoil in its routine annual reporting from 2016 should include the company's

evaluation of projects in the portfolio compared to IPCCs AR5 scenarios, another

that the board of directors should initiate a new strategy for a more

sustainable development and management of the company's resources and

activities. These proposals were not adopted.

Please find enclosed the complete minutes of the annual general meeting.

Contact persons:

Investor relations

Peter Hutton, senior vice president for investor relations,

Tel: +44 7881 918 792

Morten Sven Johannessen, vice president for investor relations USA,

Tel: + 1 203 570 2524

Press

Jannik Lindbæk Jr., vice president for media relations,

Tel: +47 97 75 56 22

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1922700]