27 March 2024 -Inin Group's subsidiary Nordic Infrastructure Group AS has today successfully completed the transactions to acquire 100 percent of the shares in both Banefjell AS and SLAM Jernbaneteknikk AS. Reference is made to the stock exchange announcements dated4 July 2023 and22 March 2024 regarding the acquisition of the two railway contractors. Both Banefjell AS and SLAM Jernbaneteknikk AS become part ofInin Group's Rail Infrastructure investment platform, which is headed up byNordic Infrastructure Group . (ENDS) For further information, please contact: Øivind Horpestad, CEO ofInin Group , Tel: +47 910 00 626 AboutInin 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 aims to 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
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