Asetek A/S

Transaction in Own Shares • Aug 23, 2021

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

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 shares bought back	Average purchase price (NOK)	Amount (USD)
Total, latest announcement		223,718	98.8668	2,588,527.21
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	3,459	76.6977	29,341.89
Total accumulated over week 33/2021		16,459	80.3053	147,953.32
Total accumulated during the share buy-back programme		240,177	97.5948	2,736,480.53

With the transactions stated above, the Company owns a total of 1,424,114 shares as treasury shares, corresponding to 5.39% 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