Equinor

Director's Dealing • May 20, 2022

Equinor ASA: Notifiable trading

Equinor ASA: Notifiable trading

Allocation of shares to certain primary insiders and their close associates in

Equinor (OSE: EQNR, NYSE: EQNR) under Equinor's share saving plan and long-term

incentive programme.

Certain primary insiders, and their close associates, participating in Equinor's

share saving plan, have on 20 May 2022 been allocated shares at an average price

of NOK 331.80 per share.

Further, certain primary insiders participating in Equinor's long term incentive

programme, have on 20 May 2022 been allocated shares at a share price of NOK

331.80 per share in connection with the company's long-term incentive programme.

The long-term incentive programme is a fixed, monetary compensation calculated

as a portion of the participant's base salary; ranging from 20-30 per cent

depending on the individual's position. The net annual amount is invested in

Equinor shares. The shares are subject to a three-year lock-in period.

Details on individual allocation of shares to the primary insiders and their

close associates are set forth in the attached overview.

This information is subject to disclosure obligations pursuant to the EU Market

Regulation, cf. section 3-1 in the Norwegian Securities Trading Act, and section

5-12 of the Norwegian Securities Trading Act.