This Report on Form 6-K contains a press release issued by Equinor ASA on November 17, 2022, entitled "Equinor ASA: Buy-back of shares to share programmes for employees".

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

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: 9 February 2022.

The duration of the buy-back programme: 15 February 2022 to 13 January 2023.

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,413,000,000 and the maximum shares to be acquired is 20,800,000 shares, of which up to 10,400,000 shares can be acquired in the period from 15 February 2022 to 13 May 2022, and up to 10,400,000 shares can be acquired in the period from 15 June 2022 to 13 January 2023.

On 15 November 2022, Equinor ASA has purchased a total of 329,765 own shares at the Oslo Stock Exchange at an average price of NOK 354.7972 per share.

Aggregated overview of transactions per day:

Date

Aggregated volume
(number of shares)

Weighted average
share price (NOK)

Total transaction
value (NOK)

15 November

329,765

354.7972

116,999,709

Previously disclosed buy-backs under the programme (accumulated)

3,230,724

328.7184

1,061,998,557

Total buy-backs under the programme

3,560,489

331.1338

1,178,998,266

Following the completion of the above transactions, Equinor ASA owns a total of 43,742,381 own shares, corresponding to 1.38% of Equinor ASA's share capital, including shares previously purchased for the share saving programme, and shares purchased under Equinor's disclosed buy-back programme 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
Mads Holm, senior vice president Treasury & Tax and Investor Relations,
+47 909 55 417 (mobile)

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

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

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Equinor ASA published this content on 17 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2022 11:48:04 UTC.