19 October 2023 - Inin Group AS has today successfully completed the acquisition
of 70 percent of the shares in TW Gruppen AS, thereby establishing Mass Handling
& Recycling as a fourth investment platform. 

Reference is made to the stock exchange announcement dated 3 August 2023
regarding the final share purchase agreement for the acquisition TW Gruppen, and
the stock exchange announcement dated 17 October 2023 regarding revised terms
for the transaction. 

ININ Group has today completed the acquisition of 70 percent of the shares in TW
Gruppen. Further, ININ Group has an option to acquire the remaining 30 percent
of the shares in TW Gruppen, and a right of first refusal with regards to TWI
Eiendom AS, the company which owns the land and the facility at Disenå. TW
Gruppen consists of three companies that ensure a complete delivery across the
entire value chain for mass handling and recycling, including reception point
for polluted masses