Equinor - Share Issue/Capital Change 2026

Equinor ASA: Proposal on capital reduction from the company's board of directors

The board of directors of Equinor ASA (OSE: EQNR, NYSE: EQNR) has today decided

to propose to the general meeting of the company that the company's share

capital is reduced through cancellation of own shares and redemption of shares

belonging to the Norwegian State. The proposal is made as a result of the

company having acquired own shares pursuant to the authorization for share buy-

back granted by the annual general meeting of the company in May 2025.

The proposal entails that the company's share capital shall be reduced by NOK

415,146,180.00 from NOK 6,392,018,780.00 to NOK 5,976,872,600.00 through

cancellation and redemption of a total of 166,058,472 shares. Notice of the

general meeting of the company which will attend to the board's proposal will be

announced separately at a later stage.

This information is subject to the disclosure requirements pursuant to Euronext

Oslo Børs Rulebook II section 4.2.4 and Section 5-12 of the Norwegian Securities

Trading Act.

Contact persons:

Investor relations:

Bård Glad Pedersen, Senior vice president Investor Relations,

+47 918 01 791

Media relations:

Sissel Rinde, Vice president Media Relations,

+47 412 60 584

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