Inin Group AS — AGM Information 2023

Jun 1, 2023

English office transla�on In case of discrepancies, the Norwegian version shall prevail

Til aksjeeierne i Inin Group AS:		To the shareholder in Inin Group AS:
INNKALLING TIL ORDINÆR GENERALFORSAMLING I		NOTICE OF ANNUAL GENERAL MEETING IN
	ININ GROUP AS		ININ GROUP AS
Styret i Inin Group AS, org.nr. 911 631 474, («Selskapet») innkaller herved aksjeeierne �l ordinær generalforsamling den		The board of directors of Inin Group AS, reg.no. 911 631 474, ("Company") hereby summon the annual general mee�ng to be held
	12. juni 2023 kl. 10.00		12 June 2023, at 10.00 (CEST)
Generalforsamlingen avholdes i Selskapets lokaler i Henrik Ibsens gate 100, 0255 Oslo.		The general mee�ng will be held at the Company's offices at Henrik Ibsens gate 100, 0255 Oslo.
	Følgende saker er �l behandling:	The following items are on the agenda:
1.	Åpning av møtet og registrering av møtende aksjeeiere	1.	Opening of the mee�ng and registra�on of atending shareholders
2.	Valg av møteleder og person �l å medundertegne protokollen	2.	Elec�on of chairman of the mee�ng and person to co-sign the minutes
3.	Godkjennelse av innkalling og agenda	3.	Approval of the no�ce and the proposed agenda
4.	Godkjennelse av årsregnskap og årsberetning	4.	Approval of the annual accounts and annual report for 2022
5.	Godtgjørelse �l revisor	5.	Remunera�on to the auditor
6.	Valg av styre	6.	Elec�on of members of the Board
7.	Godtgjørelse �l styrets medlemmer for 2023	7.	Remunera�on to the members of the Board for 2023
8.	Styrefullmakt �l forhøyelse av aksjekapitalen i Selskapet	8.	Authorisa�on to the Board to increase the share capital of the Company
9.	Styrefullmakt �l erverv av Selskapets egne aksjer	9.	Authorisa�on to the Board to acquire the Company's own shares
	10. Utstedelse av fritstående tegningsreter		10. Issuance of warrants
	11. Endring av Selskapets vedtekter		11. Amendment to the Company's ar�cles of associa�on
	Styret foreslår at § 2 endres til å lyde som følger:		The board proposes to amend ar�cle 2 as follows:
	«§ 2 – Formål		"Ar�cle 2 – Purpose
Selskapets formål er å eie og investere i verdipapirer, andre selskaper, fast eiendom, løsøre, mv. med hovedfokus på investeringer innen infrastruktur, industri og tilknyttede bransjer, samt annen virksomhet som står i forbindelse med dette.»		The purpose of the Company is to own and invest in securities, other companies, real estate, movables, etc., with a primary focus on investments in infrastructure, industry, and related industries, as well as other activities connected to this."
Styret foreslår at vedtektene § 4 endres �l å lyde			The Board proposes to amend Ar�cle 4 of the Ar�cles

som følger:

Ǥ 4 РStyre

Selskapets styre skal bestå av 1-5 medlemmer etter generalforsamlingens nærmere beslutning.

Styrets leder velges ved særskilt avstemming i generalforsamlingen. Styrets leder velges for ett år av

"Article 4 – Board of directors

of Associa�on as follows:

The Company's board shall consist of 1-5 members as determined by the general meeting. The chair of the board is elected by a separate vote at the general gangen. Det skal ikke gjelde noen begrensning med hensyn til gjenvalg.»

Styret foreslår å endre vedtektene § 5 �l å lyde som følger:

Ǥ 5 - Signatur

Selskapets firma tegnes av daglig leder og styrets leder i fellesskap.»

Styret foreslår at § 6 andre �l �erde ledd endres �l å lyde som følger:

Ǥ 6 РGeneralforsamling

[…]

Dog kan utelukkende de saker avgjøres på generalforsamlingen som er uttrykkelig angitt i innkallingen, med mindre samtlige av selskapets aksjeeiere samtykker.

Aksjeeiere som vil delta på generalforsamling må gi selskapet melding om dette. Slik melding må være mottatt av selskapet senest to virkedager før generalforsamlingen avholdes, med mindre styret før innkallingen til generalforsamlingen er sendt fastsetter en senere frist for meldingen.

Aksjeeiere kan avgi sin stemme skriftlig, herunder ved bruk av elektronisk kommunikasjon, i en periode før generalforsamlingen. Styret kan fastsette nærmere retningslinjer for slik forhåndsstemming. Det skal fremgå av generalforsamlingsinnkallingen hvilke retningslinjer som er fastsatt.»

Styret foreslår at nåværende § 7 flytes �l § 6 siste avsnit. Nåværende § 8 blir følgelig § 7. Alle § gis overskri�er.

Fullstendig oversikt over foreslåte endringer finnes på Selskapets hjemmeside, General Mee�ngs (inin.no).

Følgende dokumenter er �lgjengelige på selskapets netside:

• Denne innkallingen og vedlagte påmeldings- og fullmaktsskjema
• Forslag �l beslutninger på generalforsamlingen
• Forslag �l vedtektsendringer (punkt 11)
• Årsregnskap og årsberetning for 2023 (punkt 4)

Aksjeeiere som ønsker å delta på generalforsamlingen selv eller ved fullmek�g bes om å fylle ut og returnere påmeldingsskjema vedlagt denne innkallingen som meeting. The chair of the board is elected for one year at a time. There shall be no limitation on re-election."

The Board proposes to amend Ar�cle 5 of the Ar�cles of Associa�on as follows:

"§ 5 – Signature

The Company's signature is signed jointly by the CEO and the chair of the board."

The Board proposes to amend Ar�cle 6, paragraphs two to four, as follows:

"Article 6 – General Meeting

[…]

However, only the matters explicitly stated in the notice of the general meeting can be decided upon unless all shareholders of the company consent.

Shareholders who wish to attend the general meeting must notify the company of this. Such notification must be received by the company no later than two business days before the general meeting is held, unless the board, prior to sending the notice of the general meeting, establishes a later deadline for the notification.

Shareholders may cast their vote in writing, including through electronic communication, in a period prior to the general meeting. The board may establish further guidelines for such advance voting. The guidelines that have been established shall be stated in the notice of the general meeting."

The Board proposes that the current Ar�cle 7 be moved to the last paragraph of Ar�cle 6. Consequently, the current Ar�cle 8 becomes Ar�cle 7. All Ar�cles are given headlines.

A complete overview of the proposed changes can be found on the company's webpage, General Mee�ngs (inin.no).

* * * * * *

The following documents are available at the Company's website:

• This no�ce and the atached registra�on and proxy form
• The board's proposed resolu�ons for the items listed on the agenda
• The board's proposal for amendments to the company's ar�cles of associa�on (item 11)
• The annual accounts and annual report for 2022 (item 11)

Registrering Registra�on

Shareholders who wish to atend the annual general mee�ng, in person or by proxy, are asked to complete and return the atendance or proxy form which is

vedlegg 1. Skjema er også gjort �lgjengelig på General Mee�ngs Selskapets internetside, (inin.no). Påmeldingsskjema sendes via VPS Investortjenester, eller per e-post eller post �l:	atached as Appendix 1, and posted on the Company's website, General Mee�ngs (inin.no). The form can be submited through VPS Investortjenester, or sent by email or mail to:
Epost: issuerservices.no@nordea.com	Email: issuerservices.no@nordea.com
Post: Nordea Bank Abp, filial I Norge, Issuer Services, Postboks 1166 Sentrum, 0107 Oslo, Norge	By post: Nordea Bank Abp, filial I Norge, Issuer Services, Postboks 1166 Sentrum, 0107 Oslo, Norge.
Skjema må være motat av Noreda innen fredag 9. juni klokken 15.00.	The form must be received by Nordea within Friday 9 June, at 15.00 CET.
Fullmakt	Proxy
Aksjeeiere som ønsker å delta på generalforsamlingen ved fullmek�g kan gi fullmakt �l styrets leder eller andre �l å stemme for sine aksjer ved å benyte vedlagte fullmaktsskjema. Hvis det gis fullmakt �l styrets leder, bør vedlagte skjema med fullmakt med stemmeinstruks fylles ut. Dersom instruksen ikke fylles ut, anses dete som en instruks om å stemme "for" styrets forslag og (hvis aktuelt) styrets anbefaling knytet �l innkomne forslag.	Shareholders who wish to atend the general mee�ng by proxy may authorise the chairman of the Board or another person to vote for their shares by using the atached proxy form. If a proxy is given to the chair of the Board, the atached form with vo�ng instruc�ons should be completed. If such form is not completed, this will be deemed as an instruc�on to vote "in favour" of the Board's proposals and (if applicable) the Board's proposals in rela�on to any proposal received.
Digital deltagelse
Selskapet vil �lretelegge for at aksjeeiere som krever det kan ringe inn på generalforsamlingen via Teams og på den måten overvære møtet, samt få mulighet �l å s�lle spørsmål �l Selskapets representanter. Aksjeeiere som deltar digitalt, vil ikke ha adgang �l å avgi stemme, og anbefales derfor å avgi sine stemmer gjennom fullmaktsskjema med stemmeinstruks.	The Company will arrange for shareholders to be able to call in to the general mee�ng via Teams. Shareholder who chose to join via Teams will be able to par�cipate in the mee�ng and have the possibility to raise ques�ons to the Company's representa�ves but will not be able to vote. Shareholders who join digitally are recommended to submit their votes by using the proxy with vo�ng instruc�on in advance.
Aksjeeiere som ønsker å ringe inn digitalt bes om å registrere seg via lenken nedenfor. Aksjeeieren vil dereter mota en møteinvitasjon per e-post.	Shareholders who wish to par�cipate digitally are requested to register through the below link to receive a mee�ng invita�on by email.
Ring inn med en videokonferanseenhet:	Join with a video conferencing device:
htps://bit.ly/IninGroupAGM2023	htps://bit.ly/IninGroupAGM2023
Med vennlig hilsen/Yourssincerely

Styret i / the Board of Directors of

ININ GROUP AS

Leif Salomonsen Styrets leder / Chair

______________________

VEDLEGG/APPENDIX 1: PÅMELDINGSSKJEMA / NOTICE OF ATTENDANCE

Shareholder: Ref.no: PIN:

NOTICE OF ATTENDANCE

The undersigned will attend the annual general meeting of Inin Group AS on 12 June 2023 at 10:00 CEST and vote for:

own shares

othershares in accordance with enclosed Power of Attorney

A total of shares

This no�ce of atendance must be received no later than 9 June 2023 at 15:00 CEST.

Attendance is registered by completing and returning this notice of attendance by mail to Nordea Bank Abp, filial i Norge, Issuer Services, Postboks 1166 Sentrum, 0107 Oslo, Norway or e-mail to issuerservices.no@nordea.com. The notice may also be submitted through VPS Investortjenester.

Ifthe above-mentioned shareholderis an enterprise, it will be represented by:

Name of enterprise's representative (To grant a proxy, use the form below)

Place Date Shareholder's signature (only if attending personally. To grant a proxy, use the form below)

Shareholder's e-mail address: (required if the shareholder wantsto participate by video conference)

VEDLEGG / APPENDIX 2: FULLMAKTSSKJEMA / PROXY FORM

Shareholder: Ref.no: PIN:

PROXY WITHOUT VOTING INSTRUCTIONS:

This form is to be used for a proxy without voting instructions. To grant a proxy with voting instructions, see next page.

If you are unable to attend the annual general meeting in person, you may grant a proxy to another individual. If such proxy holder is not named, the proxy will be deemed given to the chairman of the Board or a person authorised by the chairman. If the proxy form with voting instructions is not completed, this will be deemed as an instruction to vote "in favour" of the Board's proposals in the notice to the general meeting and the Board's recommendations in relation to any proposal received. If proposals are put forward, in addition to or replacing any of the Board's proposals in the notice to the general meeting, the proxy holder determines the voting.

The proxy form must be received no later than 9 June 2023 at 15:00 CEST by mail to Nordea Bank Abp, filial i Norge, Issuer Services, Postboks 1166 Sentrum, 0107 Oslo, Norway or e-mail to issuerservices.no@nordea.com.

The undersigned

hereby grants (tick one of the two):

the chairman of the Board (or a person authorised by the chairman); or

Name of proxy holder (in capital letters)

a proxy to attend and vote for __________________ of my/our shares at the annual general meeting of Inin Group AS on 12 June 2023.

Place Date Shareholder's signature (only if granting a proxy)

With regards to rights of attendance and voting, please refer to the Norwegian Private Limited Liability Companies Act, in particular Chapter 5. When granting a proxy, a written and dated proxy from the shareholding's beneficial owner has to be presented. Ifthe shareholderis a company,the company's certificate of registration must be attached to the proxy.

PROXY WITH VOTING INSTRUCTIONS

Shareholder:	Ref.no:	PIN:
	This form is to be used for a proxy with voting instructions. If you are unable to attend the annual general meeting in person, you may use this proxy form to give proxy and voting instructions to another individual. If such proxy holder is not named, the proxy will be deemed given to the chairman of the Board or a person authorised by the chairman.
The proxy form must be received no later than 9 June 2023 at 15:00 CEST by mail to Nordea Bank Abp, filial i Norge, Issuer Services, Postboks 1166 Sentrum, 0107 Oslo, Norway or e-mail to issuerservices.no@nordea.com.
The undersigned
hereby grants (tick one of the two):
	the chairman of the Board (or a person authorised by the chairman); or

	Name of proxy holder (in capital letters)

a proxy to attend and vote for __________________ of my/our shares at the annual general meeting of Inin Group AS on 12 June 2023.

The votes shall be exercised in accordance with the instructions below. Please note that if any items below are not ticked off, this will be deemed as an instruction to vote "in favour" of the Board's proposalsin the notice to the general meeting and the Board's recommendations in relation to any proposal received. If any motions are made from the floor in addition to or in replacement of the proposals in the notice, the proxy holder may vote or abstain from voting at his discretion. In such case, the proxy holder will vote on the basis of his reasonable understanding of the motion. If there is any doubt asto how the instructionsshould be understood, the proxy holder may abstain from voting.

	Agenda annual general meeting 12 June 2023	In favour	Against	Abstention
Item 2:	Election of chairman of the meeting and person to co-sign the minutes			
Item 3:	Approval of the notice and the proposed agenda			
Item 4:	Approval of the annual accounts and annual report for 2022			
Item 5:	Remuneration to the auditor for 2022			
Item 6:	Election of members of the Board:
Item 6.1	Leif Christian Salomonsen, chairman (re-election)			
Item 6.2	Kristian Lundkvist, board member (re-election)			
Item 6.3	Thomas Fjell, board member (re-election)			
Item 7:	Remuneration to the members of the Board for 2023			
Item 8:	Authorisation to the Board to increase the share capital ofthe Company			
Item 9:	Authorisation to the Board to acquire the Company's own shares			
Item 10:	Issuance of warrants			
Item 11:	Amendment to the Company's articles of association			

Place Date Shareholder's signature (only if granting a proxy with voting

instructions)

With regards to rights of attendance and voting, please refer to the Norwegian Private Limited Liability Companies Act, in particular Chapter 5. When granting a proxy, a written and dated proxy from the shareholding's beneficial owner has to be presented. Ifthe shareholderis a company,the company's certificate of registration must be attached to the proxy.