Asetek A/S

Transaction in Own Shares • Aug 10, 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 10, 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, 444,014 57.1446 2,669,770.69

latest

announcement

53: 3 August 5,718 64.6230 40,424.86

2020

54: 4 August 6,305 64.5073 44,535.68

2020

55: 5 August 5,079 64.7414 36,696.49

2020

56: 6 August 7,932 64.3599 56,818.95

2020

57: 7 August 7,000 62.5445 48,290.61

2020

Total 32/2020 32,034 64.0997 226,766.59

accumulated

over week

Total 476,048 57.6126 2,896,537.28

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 653,666 shares

as treasury shares, corresponding to 2.53% 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