Instruksjoner

Classification: Open

5.3 Upon receipt of any reports from the legal department or any attorney representing

Equinor, including outside counsel, concerning evidence of material violations of

applicable statutes and/or regulations, in Norway or abroad, including those relating to

the Equinor group’s financial reporting and/or internal control, ensure that such reports

are subject to the confidential receipt, retention and consideration of the committee.

5.4 Establish and monitor that the company has procedures in place to require the chief

ethics and compliance officer (CECO) to report immediately any cases related to

corruption to the committee.

5.5 Establish and monitor procedures to require the CECO to report quarterly to the

committee any significant issues reported to the Ethics Helpline insofar as these relate

to: (a) the company’s financial reporting practices and requirements, (b) the quality,

adequacy and effectiveness of the company’s disclosure controls and procedures, and

5.6 Carry out or initiate such investigations as it deems necessary in order to carry out its

duties; the committee may use the company’s internal audit or investigation unit,

independent counsel and/or external advice and assistance as it deems necessary.

The cost of such work will be covered by the company.

The committee is designated as the company’s qualified legal compliance committee for the

purposes of Part 205 in Title 17 of the US Code of Federal Regulations and shall:

5.7 Inform General Counsel and the CEO or, in appropriate cases, the board, of any report

it receives of evidence of a material violation of applicable statutes and/or regulations.

5.8 Initiate any investigation, which may be conducted by either General Counsel or

outside attorneys, into such matters that the committee determines to be necessary or

appropriate, and retain any additional expert personnel as the committee deems

necessary, and recommend that the company implement any appropriate response.

5.9 Notify the board of such investigation and inform General Counsel, the CEO and the

board of the results of the investigation and the appropriate remedial measures to be

taken.

5.10 Take any other appropriate action the committee deems necessary, which may include

notifying the appropriate regulatory authorities.

The committee shall:

5.11 Review the effectiveness of the system for monitoring compliance with laws and

regulations pertaining to business integrity and the results of management's

investigation of and follow-up (including disciplinary action) of any instances of

noncompliance.

5.12 Review the observations and conclusions of internal and external auditors and the

findings of any regulatory agencies.