Equinor ASA · OSL:EQNR

Equinor ASA — Investor Day (June 2021)

12 slides from Equinor ASA's investor day presentation, Jun 15, 2021

  1. Slide 1: Accelerating our transition

    Accelerating our transition Anders Opedal President and Chief Executive Officer

  2. Slide 2: Focused strategy built on our strengths

    us ” equinor Five decades as an energy pioneer Focused strategy built on our strengths and technology leadership Creating value as an early mover and industry shaper Always safe Net-zero High value Low eerxap ambition backed by actions

  3. Slide 3: Safety performance indicators

    Safety Performance indicators Serious Incident Frequency - SIF Serious incidents per million work-hours, Twelve months average 11 10 08 08 06 06 06 06 05 05 05 Total Recordable Injury Frequency - TRIF Total incidents per million work-hours, Twelve months average 42 44 38 38 30 27 27 28 28 23 23 2011

  4. Slide 4: Accelerating our transition while growing cashflow and returns

    Accelerating our transition while growing cashflow and returns DELIVERING TRANSITION Share of Equinor gross capex! 1. Gross capex defined as cape before project financing High value growth Strong cash engine Capitalising on advantaged Accelerating development portfolio of our strong industrial posit

  5. Slide 5: Capitalising on our advantaged portfolio

    equinor ** Capitalising on our Johan Sverdrup adva taged i eS ree a ‘ eet? i 4 continues to improve portfolio 15. Full field break-even Strong cash engine, maintaining Resilient portfolio with short payback time, Setting a new standard for production at current levels to 2030 optimising around high

  6. Slide 6: Renewables: Accelerating development of our strong industrial position

    RENEWABLES Accelerating development . . - Capitalising on early of our strong industrial mover advantage position 17 Total capital gains from farmdowns Building on competitive advantages Bringing ambitions forward, Enhancing returns and established position based on early access at scale through far

  7. Slide 7: A leader in carbon management and clean hydrogen

    LOW CARBON SOLUTIONS A leader in carbon management and clean hydrogen NCS basin master within CO, transport and storage 15-30 MILLION TONNES PER ANNUM CO, transport and storage capacity by 2035 Equinor share Becoming a major European supplier of hydrogen 3-5 MAJOR INDUSTRIAL CLUSTERS Clean hydrogen

  8. Slide 8: Net-zero ambition backed by action

    equinor *° = Net carbon intensity of energy provided Net-zero Scope 1, 2. and3 ambition backed by action 20% I nam 7 68 Ratio of contributors to reductions Gil and gas Renewables CCS&H2 Other Advantaged upstream position - <8kg CO, per boe by 2025 and ~6 kg CO, per boe by 2030! - Carbon neutral Equi

  9. Slide 9: Delivering competitive capital distribution

    A arly equinor Delivering competitive capital distribution i ili CENTS BILLION Reflecting cashflow strength and resilience 18 ee 12 a Quarterly cash dividend Annual share buy-back Continued growth in cash dividend from 2022 The Board willdeclarea dividend of Cash dividend increase to 18 cents per sh

  10. Slide 10: Accelerating our transition while growing cashflow and returns

    _ a, equinor ** ‘ Accelerating our transition while growing cashflow and returns Accelerating transition Growing cashflow and returns Competitive capital distribution + 40% reduction in net carbon intensity + <2.5 years payback time on oil and + Cash dividend increase to 18 cents by 2035 gas project

  11. Slide 11: Forward-looking statements

    Forward-looking statements This presentation contains certain forwardtlooking statements that involve risks and uncertainties In some cases, we use words such ‘5 occelerating’, ‘ambition’, believe’, “consistent, ‘continue’ “could estimate’ “expect: “focus’. guidance’, inline wit’, "leading, “ikely’,

  12. Slide 12: Investor Relations in Equinor

    equinor Investor Relations in Equinor E-mail: [email protected] Investor Relations Europe Peter Hutton Senior Vice President [email protected] +44 788 191 8792 Lars Valdresbraten IR Officer [email protected] +47 40 28 1789 Erik Gonder IR Officer [email protected] +47 99 56 26 11 Amberley Doskey IR O

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