26 May 2025 - Banefjell, a subsidiary of Nordic Infrastructure Group, has been
awarded a contract by Bane NOR SF for the upgrading of Brakerøya station. The
project will be carried out from July to August 2025, with a contract value of
approximately NOK 33 million, including options.

Description of delivery: The middle platform at Brakerøya station will be
rehabilitated. The work involves the demolition of the existing middle platform
and the establishment of a new platform with asphalt covering and a water-based
snow melting system. The project also includes low voltage work,
telecommunications, and platform furnishing.

ININ Group AS is listed on Euronext Growth Oslo. The company's majority
shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth
Market in Stockholm, Sweden.

(ENDS)

For further information, please contact: 
Patrik Egeland, CFO 
Email: patrik.egeland@qben.se 

About ININ Group AS 
ININ Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure and industry services niches in
the Nordics. The group create value by identifying investment opportunities
within profitable niches with potential for development, consolidation and
growth, working in collaboration with the platform companies to deliver
sustainable growth and superior profitability. For more information, please
visit: www.inin.no