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On 11 May 2022, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2021, as proposed by the board of administrators.
The fourth quarter 2021 dividend accrues to the shareholders as registered in Equinor’s shareholder register with the Norwegian Central Securities Depository (VPS) as of expiry of 13 May 2022 (the “Record Date”). Subject to ordinary settlement in VPS, this suggests that the fitting to dividend accrues to shareholders as of 11 May 2022. For US ADR (American Depository Receipts) holders, dividend accrues additionally as of 11 May 2022. The shares might be traded ex-dividend on the Oslo Stock Exchange (Oslo Børs) from and together with 12 May 2022. The ADRs on New York Stock Exchange may even commerce ex-dividend from and together with 12 May 2022. Shareholders whose shares commerce on Oslo Børs will obtain their dividend in Norwegian kroner (“NOK”). The NOK dividend might be communicated on 20 May 2022. The cost date for the dividend in NOK and in USD underneath the ADR program is on 27 May 2022.
The general meeting authorised the board of administrators to resolve dividend funds based mostly on the corporate’s approved annual accounts for 2021. The authorisation is legitimate till the following annual general meeting, however no later than 30 June 2023.
As half of the implementation of the corporate’s share buy-back program, the general meeting agreed to the discount in capital by the cancellation of personal shares and the redemption of shares belonging to the Norwegian authorities.
The proposal to amend the Article 1 of the Articles of Association, the corporate’s objects-clause, was adopted.
The general meeting endorsed the corporate’s vitality transition plan.
Nine shareholders’ proposals had been up for voting. The shareholders’ supporting statements and the board’s response can be found at www.equinor.com/agm. None of the shareholders’ proposals had been approved. Reference is made to the enclosed minutes of meeting.
The general meeting endorsed the board’s report on Corporate Governance.
The general meeting endorsed the board of administrators’ remuneration report for main personnel.
Remuneration to the corporate’s exterior auditor for 2021 was approved.
The nomination committee’s proposal of members to Equinor ASA’s company meeting, was approved with impact as of 12 May 2022 and till the annual general meeting in 2024. Please see hooked up minutes for particulars.
In accordance with the proposal from the nomination committee, the general meeting adopted the remuneration to the company meeting, efficient as of 12 May 2022.
The nomination committee’s proposal of members to Equinor ASA’s nomination committee efficient as of 12 May 2022 and till the annual general meeting in 2024, was approved. Please see hooked up minutes for particulars.
In accordance with the proposal from the nomination committee, the general meeting adopted the remuneration to the nomination committee, efficient as of 12 May 2022.
The general meeting authorised the board on behalf of the corporate to accumulate Equinor ASA shares out there in an effort to proceed the corporate’s share-based incentive plans for workers. The authorisation is legitimate till 30 June 2023. The earlier authorisation, granted 11 May 2021, shall proceed to use till this authorisation has been registered within the Register of Business Enterprises.
The general meeting authorised the board on behalf of the corporate to accumulate Equinor ASA shares out there. Own shares acquired pursuant to this authorisation might solely be used for annulment by a discount of the corporate’s share capital in a later general meeting. The authorisation is legitimate till the following annual general meeting, however no later than 30 June 2023.
The general meeting approved that there may be made changes to the Marketing Instruction for Equinor ASA.
Please discover enclosed minutes of the annual general meeting.
Investor relationsPeter Hutton, senior vp for investor relations,tel: +44 7881 918 792
PressSissel Rinde, vp, media relations,tlf: +47 412 60 584
This info is topic to the disclosure necessities pursuant to Section 5-12 of the Norwegian Securities Trading Act
Source: Equinor ASA