Asetek A/S

Transaction in Own Shares • Aug 3, 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 3, 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, 407,134 56.5269 2,410,467.24

latest

announcement

48: 27 July 6,592 62.9444 45,725.23

2020

49: 28 July 8,000 65.7334 57,582.46

2020

50: 29 July 8,000 64.4198 56,844.03

2020

51: 30 July 6,864 62.4003 46,814.90

2020

52: 31 July 7,424 63.9137 52,336.83

2020

Total 31/2020 36,880 63.9633 259,303.45

accumulated

over week

Total 444,014 57.1446 2,669,770.69

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 621,632 shares

as treasury shares, corresponding to 2.41% 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