Allocation of shares to certain primary insiders and their close associates in Equinor (OSE: EQNR, NYSE: EQNR) under Equinor’s share saving plan and long-term incentive programme.
Certain primary insiders, and their close associates, participating in Equinor’s share saving plan, have on 18 November 2022 been allocated shares.
Further, certain primary insiders participating in Equinor’s long term incentive programme, have on 18 November 2022 been allocated shares in connection with the company’s long-term incentive programme. The long-term incentive programme is a fixed, monetary compensation calculated as a portion of the participant’s base salary; ranging from 20-30 per cent depending on the individual’s position. The net annual amount is invested in Equinor shares. The shares are subject to a three-year lock-in period.
Details on individual allocation of shares to the primary insiders and their close associates are set forth in the attached overview.
This information is subject to disclosure obligations pursuant to Article 19 of the EU Market Abuse Regulation, cf. section 3-1 in the Norwegian Securities Trading Act, and section 5-12 of the Norwegian Securities Trading Act.
Plans for increased gas extraction from Oseberg approved
The Oseberg Area Unit partners will be investing in upgrades designed to provide increased gas production and reduced CO2 emissions. The plan for the Oseberg field was approved by the Ministry of Petroleum and Energy on Thursday, 1 December.
Election to Equinor's board of directors
On 30 November 2022 the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) elected Haakon Bruun-Hanssen as new member to Equinor ASA’s board of directors.
Recommendation from Equinor's nomination committee
The nomination committee in Equinor ASA (OSE:EQNR, NYSE:EQNR) recommends that the company's corporate assembly elects Haakon Bruun-Hanssen as new member to Equinor ASA’s board of directors.