Equinor ASA: Buy-back of shares to share programmes for employees

May 21, 2024

Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the share-based incentive programmes for employees and management.

Date on which the buy-back programme was announced: 7 February 2024.

The duration of the buy-back programme: 15 February 2024 to 15 January 2025.

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,156,000,000 and the maximum shares to be acquired is 16,800,000 shares, of which up to 7,400,000 shares can be acquired in the period from 15 February 2024 to 15 May 2024, and up to 9,400,000 shares can be acquired in the period from 16 May 2024 to 15 January 2025.

On 15 May 2024, Equinor ASA has purchased a total of 542,903 own shares at the Oslo Stock Exchange at an average price of NOK 302.0797 per share.

Aggregated overview of transactions per day:

DateAggregated volume (number of shares)Weighted average share price (NOK)Total transaction value (NOK)    15 May 2024542,903302.0797163,999,975    Previously disclosed buy-backs under the programme (accumulated)1,630,902278.3734453,999,747    Total buy-backs under the programme2,173,805284.2940617,999,722

Following the completion of the above transactions, Equinor ASA owns a total of 76,936,375 own shares, corresponding to 2.56% of Equinor ASA’s share capital, including shares purchased under the previous buy-back programme for the share-based incentive programmes for employees, and shares purchased under Equinor’s disclosed buy-back programmes which will be used to reduce the issued share capital of the company.

This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Appendix:
A detailed overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

Further information from

Investor relations
Bård Glad Pedersen, senior vice president Investor Relations,
+47 918 01 791

Media
Sissel Rinde, vice president Media Relations,
+ 47 412 60 584

Attachment

Equinor Employee Share Saving Programme – 15 May 2024

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