Notifiable trading

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.
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Proposal on capital reduction from the company’s board of directors
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.
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