Asetek A/S

Transaction in Own Shares • Aug 25, 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 25, 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, 507,287 58.2084 3,131,577.23

latest

announcement

63: 17 August 4,951 76.2644 42,667.11

2020

64: 18 August 4,902 83.6278 46,364.61

2020

65: 19 August 4,940 83.3811 46,503.81

2020

66: 20 August 5,000 82.2190 45,837.09

2020

67: 21 August 6,958 76.7444 59,112.42

2020

Total 34/2020 26,751 80.1657 240,485.04

accumulated

over week

Total 534,038 59.3083 3,372,062.27

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 711,656 shares

as treasury shares, corresponding to 2.76% 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