Asetek A/S

Transaction in Own Shares • Jul 6, 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"

July 6, 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

shares bought purchase price (USD)

back (NOK)

Total, 269,308 55.0021 1,537,060

latest

announcement

28: 29 June 7,327 53.9925 40,905

2020

29: 30 June 10,434 54.1549 58,426

2020

30: 1 July 2020 10,214 53.9051 57,812

31: 2 July 2020 9,766 53.8982 55,269

32: 3 July 2020 5,606 53.7353 31,751

Total 27/2020 43,347 53.9565 244,163

accumulated

over week

Total 312,655 54.8571 1,781,223

accumulated

during the

share buy

-back

programme

With the transactions stated above, the Company owns a total of 490,273 shares

as treasury shares, corresponding to 1.90% 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