I am confident in Equinor and all our people, and in our ability to change and continue creating long-term value for our shareholders in a low carbon future.
President and Chief Executive Officer
Our objectives and principles
Our objective is to ensure long-term value creation for our shareholders through exploring for and producing, transporting, processing and marketing petroleum and petroleum-derived products.
After our partial privatization in 2001, we were listed on the Oslo and New York stock exchanges, ensuring broad international ownership. Equinor has one class of shares, with all shares carrying equal right to vote at general meetings.
Decisions which shareholders are entitled to make pursuant to Norwegian law or our articles of association, may be made by a simple majority of the votes cast. In the case of elections, the persons who obtain the most votes cast are deemed elected.
However, certain decisions, including resolutions to waive preferential rights in connection with any share issue, to approve a merger or demerger, to amend our articles of association or to authorize an increase or reduction in our share capital, must receive the approval of at least two-thirds of the aggregate number of votes cast as well as two-thirds of the share capital represented at a shareholders' meeting.
Equinor (then Statoil) was partially privatised with listings on the Oslo and New York stock exchanges on 18 June 2001, and the company was converted from a private limited company to a public limited company.