Abstract
We prove that the only rational homogeneous varieties with Picard number 1 of the exceptional algebraic groups admitting irreducible equivariant Ulrich vector bundles are the Cayley plane $E_6/P_1$ and the $E_7$-adjoint variety $E_7/P_1$. From this result, we see that a general hyperplane section $F_4/P_4$ of the Cayley plane also has an equivariant but non-irreducible Ulrich bundle.

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