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

20 Nov 2024 08:00 CET

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: 7 February 2024.

The duration of the buy-back programme: 15 February 2024 to 15 January 2025.

Size of the buy-back programme: The total purchase amount under the programme is
NOK 1,774,000,000 and the maximum shares to be acquired is 16,800,000 shares, of
which up to 7,400,000 shares can be acquired in the period from 15 February
2024 to 15 May 2024, and up to 9,400,000 shares can be acquired in the period
from 16 May 2024 to 15 January 2025. The company has previously stated NOK
1,156,000,000 as the maximum amount allocated to the ongoing buy-back programme
for shares to share programmes for employees announced 7 February 2024. The
correct amount is NOK 1,774,000,000.

On 15 November 2024, Equinor ASA has purchased a total of 552,227 own shares at
the Oslo Stock Exchange at an average price of NOK 264.3840 per share.

Aggregated overview of transactions per day:

+---------------------+------------------+----------------+--------------------+
|Date | |Weighted average| |
| | Aggregated volume| share price| Total transaction|
| |(number of shares)| (NOK)| value (NOK)|
+---------------------+------------------+----------------+--------------------+
|  |  |  |  |
+---------------------+------------------+----------------+--------------------+
|15 November 2024 | 552,227| 264.3840| 145,999,983|
+---------------------+------------------+----------------+--------------------+
|  |  |  |  |
+---------------------+------------------+----------------+--------------------+
|Previously disclosed | | | |
|buy-backs under the | | | |
|programme | | | |
|(accumulated) | 4,701,608| 283.0944| 1,330,998,808|
+---------------------+------------------+----------------+--------------------+
|  |  |  |  |
+---------------------+------------------+----------------+--------------------+
|Total buy-backs under| | | |
|the programme | 5,253,835| 281.1277| 1,476,998,791|
+---------------------+------------------+----------------+--------------------+


Following the completion of the above transactions, Equinor ASA owns a total of
53,759,167 own shares, corresponding to 1.92% 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

More information:
Access the news on Oslo Bors NewsWeb site

632694_Equinor Employee Share Savings Programme - 15 November 2024.pdf