Asetek A/S

Transaction in Own Shares • Aug 24, 2021

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method".  CORRRECTION

Asetek A/S Announces Transactions Carried Out Under the Current Share Buyback Programme in Accordance With the "Safe Harbour Method".  CORRRECTION

Correction to stock exchange announcement originally issued today at 00:09 CEST.

August 24, 2021 - On April 26, 2021, Asetek A/S launched a share buyback

programme, as described in company announcement of April 26, 2021. According to

the programme, Asetek A/S will in the period until September 2, 2021 buy back

own shares up to a maximum value of USD 3 million and with a maximum of 237,100

shares. The share buyback programme will be implemented in accordance with

Regulation (EU) no. 596/2014 of 16th April 2014 of the European Parliament and

Council and Commission Delegated Regulation (EU) no. 2016/1052, also referred to

as the Safe Harbour rules.

Trading day Number of Average Amount (USD)

shares bought purchase price

back (NOK)

Total, 223,718 98.8668 2,588,527.21

latest

announcement

78: 16 August 2021 3,000 88.4880 30,023.98

79: 17 August 2021 3,000 83.1758 28,146.69

80: 18 August 2021 3,000 79.1738 26,673.65

81: 19 August 2021 4,000 75.9836 33,767.11

82: 20 August 2021 0 0 0

Total 13,000 81.2652 118,611.43

accumulated

over week

33/2021

Total 236,718 97.9002 2,707,138.64

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 1,420,655 shares

as treasury shares, corresponding to 5.37% of the share capital.See the

enclosure for information about the individual transactions made under the share

buyback programme.

About Asetek

Asetek is the global leader in liquid cooling solutions for gaming and

enthusiast PCs, data centers and servers. Founded in 2000, Asetek is

headquartered in Denmark and has operations in California, Texas, China and

Taiwan. Asetek is listed on the Oslo Stock Exchange (ASTK.OL).

www.asetek.com

For further information, please contact:

Peter Dam Madsen, Chief Financial Officer

Mobile: +45 2080 7200, e-mail: pdm@asetek.com

Asetek A/S

Assensvej 2

DK-9220 Aalborg East

Denmark