Asetek A/S

Transaction in Own Shares • Aug 17, 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 17, 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, 476,048 57.6126 2,896,537.28

latest

announcement

58: 10 August 7,000 60.7002 47,121.57

2020

59: 11 August 7,000 60.5462 47,086.78

2020

60: 12 August 6,576 67.6780 49,890.16

2020

61: 13 August 5,968 75.3150 50,656.39

2020

62: 14 August 4,695 76.4062 40,285.05

2020

Total 33/2020 31,239 67.2871 235,039.95

accumulated

over week

Total 507,287 58.2084 3,131,577.23

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 684,905 shares

as treasury shares, corresponding to 2.65% 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