NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, INTO OR IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR
JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY
APPLICABLE LAW. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER OF
SECURITIES IN ANY JURISDICTION IN WHICH ANY SUCH OFFER WOULD BE UNLAWFUL.

PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

14 April 2026

Results of Block Trade in Scatec ASA

Further to the announcement on 13 April 2026, Equinor ASA (the "Seller")
confirms that it has sold 12,900,000 ordinary shares (the "Placing Shares") in
Scatec ASA ("Scatec" or the "Company") (the "Placing"), representing approx.
8.07% of the total shares outstanding in the Company, to certain eligible
institutional investors and other professional investors at a price of NOK 125
per Placing Share, for a total transaction size of approximately NOK 1,613
million. Morgan Stanley Europe SE ("Morgan Stanley") and Nordea Bank Abp, filial
i Norge ("Nordea") acted as Joint Bookrunners (together referred to as the
"Joint Bookrunners") in connection with the Placing.

The notification of allocation in the Placing is expected to be communicated on
or about 14 April 2026 (T) before 09:00 CEST. The proceeds of the Placing are
payable in cash on customary settlement terms, and settlement of the Placing is
expected to occur on a normal delivery-versus-payment basis (DVP T+2) on 16
April 2026. The Placing Shares will be tradeable on Euronext Oslo Børs (main
regulated list on the Oslo Stock Exchange) from T.

The Seller will receive the net proceeds from the Placing. The Company is not a
party of the Placing and will not receive any proceeds from the Placing.

Following the completion of the Placing, the Seller will hold 12,876,200
ordinary shares in the Company, representing approx. 8.05% of the total share
outstanding in the Company. The Seller has entered into a lock-up commitment
with the Joint Bookrunners (subject to customary exceptions and waivers) for a
period ending 90 days after settlement of the Placing. The lock-up does not
apply to Equinor Asset Management AS, an independently managed fund manager
wholly-owned by the Seller.

For further information, please contact your respective stockbroker or:

Morgan Stanley
+44 (0) 20 7425 8000

Nordea Bank Abp, filial i Norge
+47 24 14 74 70


IMPORTANT NOTICE

The publication or distribution or release of this announcement and the Placing
of the Placing Shares as set out in this announcement in certain jurisdictions
may be restricted by law. This announcement is for information purposes only and
shall not constitute or form part of an offer to buy, sell, issue, acquire or
subscribe for, or the solicitation of an offer to buy, sell, issue, acquire or
subscribe for any securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. No
action has been taken that would permit an offering of such shares or possession
or distribution of this announcement or any other offering or publicity material
relating to such shares in any jurisdiction where action for that purpose is
required. Persons into whose possession this announcement comes are required to
inform themselves about, and to observe, such restrictions. Any failure to
comply with these restrictions may constitute a violation of the securities laws
of such jurisdictions.

Members of the general public are not eligible to take part in the Placing. 
This announcement and any offer of securities to which it relates are only
addressed to and directed at (1) in the United Kingdom and in any member state
of the European Economic Area, persons who are qualified investors in such
member state within the meaning of the Prospectus Regulation (Regulation (EU)
2017/1129) (the "Prospectus Regulation") or in the United Kingdom within the
meaning of the Prospectus Regulation as it forms part of retained EU law by
virtue of the European Union (Withdrawal) Act 2018 ("Qualified Investors")