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

14 Apr 2025 15:20 CEST

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 2024.

The proposal entails that the company's share capital shall be reduced by NOK
589,934,295 from NOK 6,981,953,075.00 to NOK 6,392,018,780.00, through
cancellation and redemption of a total of 235,973,718 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

More information:
Access the news on Oslo Bors NewsWeb site