Asetek A/S

Transaction in Own Shares • Sep 24, 2020

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

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

September 24, 2020 - On May 19, 2020, Asetek A/S launched a share buyback

programme, as described in company announcement of May 19, 2020. According to

the programme, Asetek A/S will in the period until September 30, 2020 buy back

own shares up to a maximum value of USD 4.5 million and with a maximum of

1,038,082 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  ommission 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, 608,324 62.2201 4,064,380.16

latest

announcement

83: 14 4,510 78.5815 39,232.36

September

2020

84: 15 4,953 77.4885 42,486.72

September

2020

85: 16 4,473 77.0463 38,115.87

September

2020

86: 17 5,000 81.3548 44,826.47

September

2020

87: 18 5,000 83.0635 45,809.52

September

2020

Total 38/20 23,936 79.5840 210,470.94

accumulated 20

over week

Total 632,260 62.8774 4,274,851.10

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 809,878 shares

as treasury shares, corresponding to 3.14% 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 (ASETEK.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