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Inin Group AS Director's Dealing 2024

Aug 1, 2024

3635_dirs_2024-08-01_5dad62c9-5390-46ed-aa0a-a0a87f80d229.html

Director's Dealing

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MANDATORY NOTIFICATION OF TRADE PRIMARY INSIDER

MANDATORY NOTIFICATION OF TRADE PRIMARY INSIDER

Øivind Horpestad, CEO of Inin Group AS, has through his fully owned company

Gimle Invest AS, on July 31st, bought 30.000 shares in Inin Group AS at an average price of NOK 3.15 per share.

Following the transactions Øivind Horpestad, CEO of Inin Group, and Gimle Invest

AS owns

12 383 748 shares and 5 000 000 warrants in Inin Group, and a total of 1 080 000

shares in Qben Infra AB

Reference is made to the offer document dated 31 May 2024 (the "Offer

Document")for the share exchange offer from Qben Infra AB ("Qben Infra").

Reference is further made to the stock exchange announcements dated 21 June 2024

regarding the extensions of the offer period under the Offer (the "Offer

Period"). The Offer was accepted for a total of 91,516,417 ININ shares

(including pre-acceptances). This corresponds to approximately 73% of the total

outstanding share capital of ININ. Including warrants, options and shares on

total return swap agreements, the pre-accepting and accepting shareholders

control approximately 77% of the share capital on a fully diluted basis of ININ

Group. Settlement will take place in connection with the listing of Qben Infra

AB in Stockholm, expected to be Q4 2024.

For further information, please contact: Øivind Horpestad, CEO, tel: +47 910 00

626