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

Core Points - The board of directors of Equinor ASA has proposed a reduction in share capital through the cancellation of own shares and redemption of shares belonging to the Norwegian State [1] - The share capital will be reduced by NOK 589,934,295 from NOK 6,981,953,075 to NOK 6,392,018,780 through the cancellation and redemption of a total of 235,973,718 shares [2] Summary by Sections - Share Capital Reduction: The proposal involves a significant reduction in share capital as a result of share buy-backs authorized in May 2024 [1][2] - Financial Impact: The reduction in share capital will decrease the total from NOK 6,981,953,075 to NOK 6,392,018,780, reflecting a decrease of approximately 8.4% [2]