Recommendation from the nomination committee of Equinor ASA

01 Jun 2026 08:02 CEST

The nomination committee of Equinor ASA (OSE:EQNR, NYSE:EQNR) recommends that
the company's corporate assembly elects Jarle Roth as new chair of the board of
directors of Equinor ASA.

Furthermore, the nomination committee recommends re-election of Anne Drinkwater
as deputy chair, in addition to Finn Bjørn Ruyter, Haakon Bruun-Hanssen, Mikael
Karlsson, Fernanda Lopes Larsen and Dawn Summers as members of the board of
directors of Equinor ASA. Jon Erik Reinhardsen, who has been the chair of the
board since 2017, would like to resign from the board of directors.

Jarle Roth has been a member of the board since1 December 2025.

Jarle Roth is an independent advisor. Roth has held CEO roles in multiple
Norwegian companies, including at Eksportkreditt Norge AS, Arendals Fossekompani
ASA, Umoe Group, Schat-Harding and Unitor ASA. His career spans across
industrial investment management, change management, energy transition
initiatives, financing of Norwegian export industries and global shipping
services. He has extensive experience from major listed companies. His boardroom
experience includes governance, risk management, strategy, M&A, and
sustainability. Internationally, Roth has led and integrated businesses with
activities within Europe, Americas and Asia.

Roth has previously served as chair of the nomination committee and corporate
assembly of Equinor ASA.

Roth has a MSc of Finance and Business Administration ("siviløkonom") from the
Norwegian School of Economics (NHH).

The election to the board of directors of Equinor ASA will be held in the
company's corporate assembly meeting Monday 8 June 2026. It is proposed that the
election enters into effect from 1 July 2026 and until the ordinary election of
members to the board of directors in June 2027.

Contacts:

* Nils Morten Huseby, chair of the nomination committee
* All enquiries to be directed through Equinor Corporate Press Office, Sissel
Rinde, +47 412 60 584.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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