Asetek A/S

Transaction in Own Shares • Aug 31, 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"

August 31, 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 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, 534,038 59.3083 3,372,062.27

latest

announcement

68: 24 August 3,967 79.0403 34,867.08

2020

69: 25 August 4,939 88.7319 48,952.17

2020

70: 26 August 4,968 89.2318 49,738.66

2020

71: 27 August 5,000 87.9436 49,160.47

2020

72: 28 August 4,963 86.0557 48,475.22

2020

Total 35/2020 23,837 86.5006 231,193.61

accumulated

over week

Total 557,875 60.4702 3,603,255.88

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 735,493 shares

as treasury shares, corresponding to 2.85% 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