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

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

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

ININ Group AS is listed on Euronext Growth Oslo. The company's majorityshareholder, Qben Infra AB, is listed on Nasdaq First North Premier GrowthMarket 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 ownerwithinvestments in companies within infrastructure and industry services niches inthe Nordics. The group create value by identifying investment opportunitieswithin profitable niches with potential for development, consolidation andgrowth, working in collaboration with the platform companies to deliversustainable growth and superior profitability. For more information, pleasevisit: www.inin.no

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