Equinor ASA: proposal on capital reduction from the company's board of directors

Core Points - Equinor ASA's board of directors has proposed a reduction in the company's share capital through the cancellation of own shares and redemption of shares owned by the Norwegian State [1] - The proposed reduction amounts to NOK 589,934,295, decreasing the share capital from NOK 6,981,953,075 to NOK 6,392,018,780, involving a total of 235,973,718 shares [2] Company Actions - The proposal follows the company's acquisition of its own shares under the authorization for share buy-back granted by the annual general meeting in May 2024 [1] - A notice for the general meeting to address the board's proposal will be announced separately at a later date [2]