3 April 2023 - Inin Group's subsidiary Nordic Inspekt Group AB has decided not
to proceed with the contemplated acquisition of NSK - Nordisk Svets Kontroll AB
(NSK Sweden), as announced in the press release dated December 20, 2022.

(ENDS)

For further information, please contact:
Øivind Horpestad, CEO of Inin Group, Tel: +47 910 00 626

About Inin Group AS
Inin Group is an industrial owner that invests into companies within
infrastructure and industry services niches in the Nordics. The group aims to
create value by identifying investment opportunities within profitable niches
with potential for development, consolidation and growth, working in
collaboration with portfolio companies to deliver sustainable growth and
superior profitability. For more information, please visit: www.inin.no