The Equal function block compares the value of input A to input B.
If input A is equal to input B : power will flow through the function block.
If input A is not equal to input B: power will not flow through the function block.

According to the above example:
If MI 1 is equal to MI 3; then MB 55 will go to logic "1" (ON).
If MI 1 is not equal to MI 3; then MB 55 will go to logic "0" (OFF).
These values may be compared: