Mandatory notification of trade of primary insiders

26 Jul 2024 10:56 CEST

Øivind Horpestad, CEO of Inin Group AS, has through his fully owned company
Gimle Invest AS, on July 26th, sold a total of 1,599,416 shares in Inin Group AS
at an average price of NOK 3.616 per share. On the same date Gimle Invest AS has
bought 20.000 shares in Inin Group AS at an average price of NOK 3.21 per share.

Øivind Horpestad has trough Gimle Invest AS bought 1,080,000 shares in Qben
Infra AB, corresponding to 3% of Qben Infra AB, the company that have offered to
buy all shares in Inin Group AS.

Following the transactions Øivind Horpestad, CEO of Inin Group, and Gimle Invest
AS owns
12 353 748 shares and 5 000 000 warrants in Inin Group, and a total of 1 080 000
shares in Qben Infra AB

Gjermund Sogn, CEO of Inin Groups subsidiary Nordic Infrastructure Group AS, and
Board member in Inin Group, has on on July the 26th bought a total of 1.599.416
shares in Inin Group at an average price of NOK 3,616 per share.

Reference is made to the offer document dated 31 May 2024 (the "Offer
Document")for the share exchange offer from Qben Infra AB ("Qben Infra").
Reference is further made to the stock exchange announcements dated 21 June 2024
regarding the extensions of the offer period under the Offer (the "Offer
Period"). The Offer was accepted for a total of 91,516,417 ININ shares
(including pre-acceptances). This corresponds to approximately 73% of the total
outstanding share capital of ININ. Including warrants, options and shares on
total return swap agreements, the pre-accepting and accepting shareholders
control approximately 77% of the share capital on a fully diluted basis of ININ
Group. Settlement will take place in connection with the listing of Qben Infra
AB in Stockholm, expected to be Q4 2024.


For further information, please contact: Øivind Horpestad, CEO, tel: +47 910 00
626

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