Asetek A/S

Transaction in Own Shares • Sep 8, 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 08, 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, 557,875 60.4702 3,603,202.07

latest

announcement

73: 31 August 5,000 87.1014 49,952.65

2020

74: 1 September 5,000 84.8734 48,377.84

2020

75: 2 September 4,954 83.2273 46,755.73

2020

76: 3 September 4,875 80.7792 44,144.82

2020

77: 4 September 7,000 81.9722 63,864.54

2020

Total 36/20 26,829 83.4838 253,095.59

accumulated 20

over week

Total 584,704 61.5261 3,856,297.66

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 762,322 shares

as treasury shares, corresponding to 2.95% 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