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Regulatory press release

ININ Group: Update - divestment of Rail Infrastructure platform on track

ININ Group
16 July 2025 - Reference is made to the press release dated May 13 where ININ
Group AS, which is majority owned by Qben Infra AB, has agreed to the principal
terms of an agreement and signed a letter of intent (LOI) with an undisclosed
buyer regarding the potential divestment of the Qben Rail platform.

The due diligence process is on-going. No material findings have been reported,
and the parties still intend to close the transaction at the terms outlined in
the LOI. Finalization and signing of the agreement are expected to take place
late in Q3 or early in Q4.

ININ Group AS is listed on Euronext Growth Oslo. The company's majority
shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth
Market in Stockholm, Sweden.

(ENDS)

For further information, please contact:
Øivind Horpestad, board member, Qben Infra, tel: +47 910 00 626
Patrik Egeland, CFO, Qben Infra, tel: +47 91 60 65 19

About ININ Group AS
ININ Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure and industry services niches in
the Nordics. The group create value by identifying investment opportunities
within profitable niches with potential for development, consolidation and
growth, working in collaboration with the platform companies to deliver
sustainable growth and superior profitability. For more information, please
visit: www.inin.no
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