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Regulatory press release

ININ Group AS: Subsidiary awarded NOK 40 million contract

ININ Group
6 February 2025 - Rail Production AS, a subsidiary of ININ Group-owned Nordic
Infrastructure Group, has been awarded a NOK 40 million railway maintenance
contract in Oslo, Norway.

Under the contract, Rail Production AS, will conduct track and overhead power
line work in Oslo during a five-week maintenance shutdown period in the
July/August summer holiday period.

Rail Production AS will collaborate with its sister companies in Nordic
Infrastructure Group to execute the contract, which includes round-the-clock
operations during the shutdown period.

Nordic Infrastructure Group heads up ININ Group's Rail platform.

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, CEO of Inin Group AS, Tel: +47 910 00 626

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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