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WHERE RELEASE, PUBLICATION, OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE
UNLAWFUL, SUBJECT TO LEGAL RESTRICTIONS, OR WOULD REQUIRE REGISTRATION OR OTHER
MEASURES. 

Qben Infra AB (publ) ("Qben Infra", or the "Company") announces that it has
received final approval by Nasdaq Stockholm AB to list its shares on Nasdaq
First North Premier Growth Market in Stockholm (the "Listing"). Trading in Qben
Infra's share commences today under the ticker "QBEN", with the ISIN-code
SE0023114012.

On 18 November 2024, Qben Infra announced it had received preliminary approval
from Nasdaq Stockholm AB to list its shares on Nasdaq First North Premier Growth
Market in Stockholm, provided that certain conditions were fulfilled. On 22
November 2024 Qben Infra published a company description (the "Company
Description") in relation to the Listing. Today, Qben Infra confirms that all
conditions in relation to the Listing have been fulfilled and that Qben Infra
has received final approval from Nasdaq Stockholm AB to list its shares on
Nasdaq First North Premier Growth Market in Stockholm. Trading in Qben Infra's
share commences today under the ticker "QBEN", with the ISIN-code SE0023114012.

About Qben Infra 
Qben Infra is a group specialising in the acquisition and development of
platforms within infrastructure services in the Nordics, gathering a diversified
portfolio of 20+ companies across four infrastructure niches: Construction,
Rail, Power and Testing, Inspection & Certification (TIC).

To drive value creation, Qben Infra collaborates closely with the platforms,
focusing on identifying investment opportunities within profitable niches with
strong potential for development, consolidation, and growth. This strategy
fosters sustainable growth and profitability, enabling Qben Infra to play a
vital role in advancing infrastructure development in the Nordics, now and going
forward.

By merging platforms with distinct yet complementary expertise, Qben Infra
unlocks synergies and capitalises on expansive market opportunities, enabling
the group to take on even larger and more complex projects.

Advisors
ABG Sundal Collier and Pareto Securities are acting as financial advisors to
Qben Infra in connection with the Listing. Eversheds Sutherland (Sweden) is
acting as legal advisor to Qben Infra in connection with the Listing. White &
Case is acting as legal advisor to the financial advisors. FNCA is acting as
certified advisor to Qben Infra.

For further information, please contact:
Øivind Horpestad, CEO Qben Infra
oivind@qben.se

Fredrik Sandelin, CFO Qben Infra
fredrik.sandelin@qben.se

Important information
Publication, release or distribution of this press release may in certain
jurisdictions be subject to legal restrictions and persons in the jurisdictions
where this press release has been made public or distributed should be informed
of and follow such legal restrictions. The recipient of this press release is
responsible for using this press release and the information herein in
accordance with applicable rules in each jurisdiction. This press release does
not constitute an offer or solicitation to buy or subscribe for any securities
in the Company in any jurisdiction, either from the Company or from anyone else.

This press release is not a prospectus according to the definition in Regulation
(EU) 2017/1129 (the "Prospectus Regulation") and has not been approved by any
regulatory authority in any jurisdiction. The Company has not authorised any
offer to the public of shares or other securities in any member state of the EEA
and no prospectus has been or will be prepared in connection with the Listing
This press release does not constitute an offer or solicitation to buy or
subscribe for securities in the United States. The securities mentioned herein
may not be sold in the United States without registration, or without an
exemption from registration, under the U.S. Securities Act from 1933
("Securities Act"), and may not be offered or sold within the United States
without being registered, covered by an exemption from, or part of a transaction
that is not subject to the registration requirements according to the Securities
Act. There is no intention to register any securities mentioned herein in the
United States or to issue a public offering of such securities in the United
States. The information in this press release may not be released, published,
copied, reproduced or distributed, directly or indirectly, wholly or in part, in
or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa,
the United States or any other jurisdiction where the release, publication or
distribution of this information would violate current rules or where such an
action is subject to legal restrictions or would require additional registration
or other measures beyond those that follow from Swedish law. Actions in
contravention of this instruction may constitute a violation of applicable
securities legislation.

In the United Kingdom, this press release and any other materials in relation to
the securities described herein are only being distributed to, and are only
directed at, and any investment or investment activity to which this document
relates is available only to, and will be engaged in only with, persons in the
United Kingdom who are (i) professional investors falling within Article 19(5)
of the U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the "Order"), (ii) high net worth entities and other persons to whom this
press release may lawfully be addressed, falling within Article 49(2)(a)-(d) of
the Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an
invitation or inducement to engage in investment activity (within the meaning of
section 21 of the U.K. Financial Services and Markets Act 2000) in connection
with the issue or sale of any securities may otherwise lawfully be communicated
or caused to be communicated (all such persons together being referred to as
"Relevant Persons"). This press release is directed only at Relevant Persons and
must not be acted on or relied on by persons who are not Relevant Persons. Any
investment or investment activity to which this press release relates is only
available to Relevant Persons and will only be engaged in with Relevant Persons.
Persons distributing this communication must satisfy themselves that it is
lawful to do so.  

Forward-looking statements

This press release contains forward-looking statements related to the Company's
intentions, estimates or expectations with regard to the Company's future
results, financial position, liquidity, development, outlook, estimated growth,
strategies and opportunities as well as the markets in which the Company is
active. Forward-looking statements are statements that do not refer to
historical facts and can be identified by the use of terms such as "believes,"
"expects," "anticipates," "intends," "estimates," "will," "may," "implies,"
"should," "could" and, in each case, their negative, or comparable terminology.
The forward-looking statements in this press release are based on various
assumptions, which in several cases are based on further assumptions. Although
the Company believes that the assumptions reflected in these forward-looking
statements are reasonable, there is no guarantee that they will occur or that
they are correct. Since these assumptions are based on assumptions or estimates
and involve risks and uncertainties, actual results or outcomes, for many
different reasons, may differ materially from those what is stated in the
forward-looking statements. Due to such risks, uncertainties, eventualities and
other significant factors, actual events may differ materially from the
expectations that expressly or implicitly are contained in this press release
through the forward-looking statements. The Company does not guarantee that the
assumptions which serve as a basis for the forward-looking statements in this
press release are correct, and each reader of the press release should not rely
on the forward-looking statements in this press release. The information,
opinions and forward-looking statements that expressly or implicitly are stated
herein are provided only as of the date of this press release and may change.
Neither the Company nor any other party will review, update, confirm or publicly
announce any revision of any forward-looking statement to reflect events that
occur or circumstances that arise with respect to the contents of this press
release, beyond what is required by law.