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Regulatory press release

ININ Group AS: Subsidiary awarded NOK 77 million agreement

ININ Group

18 December 2024 - ININ Group's wholly owned subsidiary Laje AS has been awarded
a frame agreement by Norwegian broadband company Eidsiva Bredbånd for planning
and development of broadband infrastructure during 2025.
Laje estimates that the agreement will generate revenues of approximately NOK 77
million.
Laje's scope of work includes planning and implementation of fiber installations
for Eidsiva Bredbånd's B2C and B2B customers. Laje will also conduct maintenance
of existing fiber infrastructure.
Eidsiva Bredbånd delivers, builds, sells and operates high speed fiber broadband
to private households in Innlandet county and to the commercial market in the
Eastern part of Norway.
Laje is the main platform company in Qben Infra's Power niche.
Laje is a focused infrastructure construction and service company within the
energy infrastructure, telecom and electrification sector. The company's
business is divided into three business segments: energy infrastructure, telecom
and electrification, all focusing on the ongoing electrification and
digitalization megatrends.

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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