Asetek A/S

Asetek - Outcome of Annual General Meeting

- Following the general meeting, the Board of Directors constituted itself with

Mr. Jukka Pertola as chairman and Mr. Erik Damsgaard as vice chairman.

Aalborg, April 28 2022 - Asetek A/S (OSE: ASTK) today held the annual general

meeting at its offices in Aalborg, Denmark.

The general meeting took note of the report by the Board of Directors and

Management, and the audited annual report for 2021 was approved.

The Nomination Committee reported on its activities during last year. The

Nomination Committee's proposed remuneration to be paid to the members of the

Board of Directors were adopted.

The remuneration report for 2021 was adopted.

The proposed candidates were all elected, and the Board of Directors is

hereinafter composed of the following:

· Jukka Pertola

· Erik Damsgaard

· Jørgen Smidt

· Maria Hjorth

The following were elected to the Nomination Committee and the Committee is

hereinafter composed of the following:

· Ib Sønderby

· Claus Berner Møller

· Jukka Pertola

Following the general meeting, the Board of Directors constituted itself with

Mr. Jukka Pertola as chairman and Mr. Erik Damsgaard as vice chairman.

Mr. Ib Sønderby is chairman of the Nomination Committee. Mrs. Maria Hjorth is

chairman of the Audit Committee, and Mr. Jukka Pertola is chairman of the

Remuneration Committee.

PricewaterhouseCoopers, State Authorized Public Accountants were re-elected as

auditors.

The general meeting authorized the Board of Directors to, until the next annual

general meeting, to acquire the Company's own shares.

All proposals were adopted.

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For further information, please contact: André S. Eriksen, Chief Executive

Officer Mobile: +45 2125 7076, e-mail: [email protected]

Peter Dam Madsen, Chief Financial Officer Mobile: +45 2080 7200, e

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